search
university endowments
Trends
- 1How elite universities got entangled with the oil industry▼How elite universities got tangled up in politics and petroleum
Elite universities in the United States are facing renewed scrutiny over their deep financial and political ties to the petroleum industry. Reporting highlights how endowments, funding and institutional relationships have linked top academic institutions to fossil fuel interests, raising questions about research independence and climate commitments. Critics are calling on universities to divest and cut ties with oil money.
- 2Hedge fund CEO gives $3bn to Carnegie Mellon in historic gift●Hedge fund CEO gives $3bn to Carnegie Mellon University in historic donation
The chief executive of a hedge fund has donated $3 billion to Carnegie Mellon University, described as the largest gift in the institution's history. The donation ranks among the biggest ever made to a US university and is expected to significantly boost the Pittsburgh-based institution's endowment, research capacity and financial aid.
- 3University endowments reap SpaceX windfall, face reinvestment dilemma▼Endowments scored big on SpaceX. Why the windfall creates a new problem.
University endowments scored big on SpaceX, with stakes in the rocket company generating large returns. But the windfall creates a new problem: swollen allocations to private companies leave endowment managers with portfolios that are harder to rebalance, and deciding how to redeploy the gains or manage concentrated exposure is proving tricky.
- 4Ken Griffin donates $3 billion to Carnegie Mellon University●Carnegie Mellon University gets $3 billion from hedge fund manager Ken Griffin
Hedge fund manager Ken Griffin has given $3 billion to Carnegie Mellon University in Pittsburgh, one of the largest donations ever made to a US university. The gift, reported by CBS News, is expected to significantly boost the institution's endowment and drew wide attention given its extraordinary size and the donor's prominence in finance.