Yale endowment grows 8.9%
The endowment at Yale University grew 8.9 percent in the past year, trailing Harvard’s 11 percent, in the face of real-estate losses for the second straight year, Bloomberg reported Sept. 24 (see university endowment story).
Penn endowment grows 13%
The fund that manages most of the endowment at the University of Pennsylvania last year gained 13 percent last year, boosted by investments in credit and public equities, Bloomberg reported Sept. 24 (see university investment story).
University of Houston raises over $100 million
The University of Houston for the first time raised over $100 million in private donations in a single fiscal year, the Houston Business Journal reported Sept. 24 (see university fundraising story).
Rutgers launching $1 billion campaign
Rutgers is launching a $1 billion fundraising campaign, the Cherry Hill Courier Post reported Sept. 25 (see university campaign story).