Archive for the ‘Foundations’ Category

Other Side of Yale Model: ETFs

February 12, 2014

Chidem Kurdas
The investment approach associated (more…)

Data Digger Attracts Yale

February 20, 2013

David Swensen has moved Yale University’s endowment away from (more…)

Yale Sells Gold Stock

February 21, 2012

David Swensen, the long-time chief of Yale University’s endowment, is known for his (more…)

Foundations Favor Brazil

March 8, 2011

Political strife in the Middle East has discouraged investor enthusiasm for emerging markets,  but certain countries continue to attract institutions. Some big endowments and foundations favor Brazil and prefer to get wide-ranging exposure to the country’s stock market via exchange-traded funds, rather than investing with active managers.

Among these are Harvard University’s endowment and the Broad Foundation, an organization created by Los Angeles philanthropist  and art collector Eli Broad. (more…)

Blackstone and Private Equity Trend

October 28, 2010

Blackstone Group’s total assets rose to $119 billion at the end of September from around $111 billion (including non-fee earning assets) in the previous quarter.  Look at the disaggregated numbers and you see a strong trend. (more…)

Gates Foundation Stays with Big Names

August 24, 2010

The portfolio of the Bill & Melinda Gates Foundation’s endowment is remarkably stable over time. In part this is because Warren Buffett contributes Berkshire Hathaway shares, which account for a huge chunk of the endowment—$5.9 billion as of July. But the rest of the portfolio does not change much either, consistently emphasizing large-cap companies.

This worked to the endowment’s favor in the past year. As a recent report from Goldman Sachs says, “the biggest publicly traded companies have substantially outperformed the rest of the corporate sector and the economy as a whole.” (more…)