User Login | Not a user? [Sign up]
The NAICU Discussion Section
Join NAICU's Discussion Section - a regularly updated collection of postings from around the blogosphere on issues of interest to the higher education community. Discussion Section is also available via RSS.
College Cost Central
Economic, cost, and affordability trends in private higher education
NAICU in Action
Find more info on NAICU issues and initiatives:

Banner images provided by University of Richmond.
|
|
Another Fund Heavily Used by Schools Is Frozen
October 3, 2008
A second investment fund offered by investment adviser Commonfund froze most withdrawals this week, posing possible financial strains for the 200 colleges and schools invested in the fund. The Commonfund Intermediate Term Fund held $1 billion in assets for the schools. Commonfund told clients they could withdraw only 30% of their money now, and said it will make the rest available "as quickly as possible," depending on market conditions.
|
Related Material |
© 2008 National Association of Independent Colleges and Universities. All Rights Reserved.
1025 Connecticut Ave., N.W., Suite 700
Washington, DC 20036
(202) 785-8866, Fax - (202) 835-0003
Questions or comments? Contact webmaster@naicu.edu.