Historically black colleges and universities, typically limited by the size of their assets, are looking to gain further access to alternative assets, particularly private equity and venture capital, as they seek to grow their endowments to further their mission as well as capture outsized returns that have swelled higher education institutions’ portfolios, according to investors and allocators.
The Southern university system approved creating a $300 million endowment to help undergraduate students pay for college with funding coming from investment returns generated by university financial officers.
A university and its foundation based in the Rocky Mountains are exiting their small investments in Russian companies in an action to send a message that it stands in solidarity with the people of Ukraine following its invasion last week.