A provincial study suggests the B.C. government wants out of responsibility for the University of B.C. Endowment Lands, possibly opening the door for the community to join the City of Vancouver or become a new municipality.
The White House is planning as soon as this week to recommend tougher rules for midsize banks, according to people familiar with the matter, after the collapse of two lenders earlier this month sent tremors through the banking system.
The question of how equitable the engagement of higher education institutions with private equity firms and other investment management groups is a difficult one to answer. The reason for this is that there is an incredible lack of transparency in identifying what money managers many higher education institutions are using to steward their endowments.
Just three years into a 50-year, billion-dollar partnership with a utility company, the University of Iowa is being sued over an alleged failure to abide by the terms of the deal.
Boston College’s profile of its $3.7 billion endowment is short, vague, and far from informative. The University has a moral responsibility to change this.
Unions representing 110,000 University of California workers demanded that the system divest holdings from Blackstone Inc., including a recent $4 billion investment with its massive real estate trust.
A turbulent market has highlighted just how difficult it is to provide retail investors access to illiquid investments like real estate and other private assets.
As 2022 draws to its close, several colleges – both public and private – are coming to terms with a grim financial future that has caused them either to announce their upcoming closure or warn that they face impending peril.