University Endowments Make Billions in Returns in a Bumper Year
A big reason for the gains is investments with private equity firms, which in some years have received more in fees than endowments have paid out in tuition help.
A big reason for the gains is investments with private equity firms, which in some years have received more in fees than endowments have paid out in tuition help.
More than 160 participants in a master’s program funded by the Blackstone founder Stephen Schwarzman have urged him to stop donating to election objectors. He has declined.
