Almost Famous
Last Wednesday, David Swensen succumbed to cancer. He died as he had lived during the past 35 years, as the CIO for Yale’s endowment fund.
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Yale Chief Investment Officer Dies at 67
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Yale University’s chief investment officer, David Swensen, died Wednesday at the age of 67.
Swensen, who was diagnosed with cancer in 2012, is recognized as a pioneer in investing and endowment management. Several other wealthy universities hired talent from his Yale investment office to manage their own endowments, and a 2015
Wall Street Journalanalysis found that Swensen or one of his protégés controlled $1 of every $6 in U.S. higher education endowments.
Under Swensen, Yale followed what came to be known as the Yale model an investing strategy that reduced focus on stocks and especially bonds in favor of a diversified portfolio including alternative investments like hedge funds and real estate.
Washington, DC (PRWEB) May 05, 2021 The National Association of College and University Business Officers is pleased to announce the 2021-22 class of the
Sandhills Community College Foundationâs endowment outshone the average for all college and university endowments for the past year â by more than 5 percent, according to national figures compiled by the National Association of College and University Business Officers (NACUBO).
Germaine Elkins credits a conservative investment stance adopted by the SCC Foundation (SCCF) Board Finance Committee more than a decade ago for building up the collegeâs coffers.
In 2007, SCC had $15 million in net assets and around $11 million invested. Following the economic recession that hit the following year, Elkins said then-SCCF Chairman Stan Bradshaw recommended the college move toward index funds.
Catawba College names Vice President for Finance and Administration Catawba College announced the appointment of Lauren Cox as vice president for finance and administration after a comprehensive national search. (Source: Catawba College) By David Whisenant | April 30, 2021 at 6:56 AM EDT - Updated April 30 at 6:56 AM
SALISBURY, N.C. (WBTV) - Catawba College announced the appointment of Lauren Cox as vice president for finance and administration after a comprehensive national search. Her tenure will begin at Catawba on May 12. Currently, she serves as the interim chief financial officer for Guilford College in Greensboro. At Catawba, Cox will also serve as the chief financial officer for the College.