The manager of that same Davis New York Venture Fund was later asked to sit on the investment policy committee of
a huge endowment fund:
It's a book by David Swensen, the legendary investor who piloted Yale University's
huge endowment fund to record - breaking performance.
Not exact matches
The TU on what New York should do with its $ 4.2 billion in financial settlement cash: «Put some into the
huge one - time expense of replacing the Tappan Zee Bridge — and perhaps make it better — and use the rest to create an
endowment to boost long - term
funding for education.»
Any excuse by universities that they do not have such large
funds does not explain why the
huge endowments already in - hand at some universities are not spent for the support of scientific research and researchers in a manner analogous to the Stowers Institute.
If I recall, there was
huge enthusiasm for life
endowment & demutualization
funds around that time.
So it came as
huge shock to alumni and students when Bharucha announced in October 2011 that with an annual deficit of $ 16 million and an unrestricted
endowment of $ 45 million, the school's available
funds were on the verge of depletion.