So far, 12 endowments have surpassed S&P500 for FY2021

In FY2021, endowments posted their best returns since 1986 due to strength in global equities, private equity and venture capital. Financial [Read More]
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University of Michigan allocates up to $170M to The Children’s Investment Fund

At the October 21 board of regents meeting, the University of Michigan committed up to $170 million from the Long [Read More]
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Stanford posts 40% return, Columbia 32.3%, U of Wisconsin-Madison 28.7%

Stanford University’s endowment has reported a 40% return for FY2021, pushing the endowment value up to $37.8 billion. The median [Read More]
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Digital World Acquisition Corp SPAC rally fizzles for second day

Shares in the SPAC linked to former President Trump fell for the second consecutive day. On Monday, Digital World Acquisition [Read More]
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Sightings…

John McCormick is leaving Blackstone after 17 years. He became head of Blackstone Alternative Asset Management in 2018 and then [Read More]
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