Mixed Returns for Endowments

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Mixed Returns for Endowments

New York Times

September 28, 2012

The wealthiest institutions, which invest heavily in private equity, may turn out to have below-average results for the past year, said Ken Redd, director of research and policy analysis at the National Association of College and University Business Officers. “The smaller institutions tend to invest more conservatively, which might have been a better strategy this past year,” he said.

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