University

Investment returns slow down

September 28, 2012 • 5
Though Yale returned 4.7 percent on its investments in the latest fiscal year — beating the performances recorded by two other Ivy League schools so far — the value of its endowment slipped by $100 million because spending distributions outpaced growth. The performance of Yale’s endowment, valued at $19.3 billion as of June 30, was »
University

Endowment posts 4.7 percent return

September 27, 2012 • 8
While Yale posted a return of 4.7 percent on its investments during the latest fiscal year, the value of the endowment dropped by $100 million due to spending distributions. Yale’s endowment performance, which leaves it at $19.3 billion as of June 30, is significantly weaker than the 21.9 percent return it posted in fiscal year »
University

New meetings to expand FAS voice

September 25, 2012 • 1
Starting next Monday, professors will have a new venue to discuss and adopt formal opinions on behalf of the Faculty of Arts and Sciences. The recently introduced FAS meetings will convene twice a semester and allow professors to adopt formal resolutions “as the views of the FAS faculty,” following rules released in an email by »
Steinbach Hall, located at 52 Hillhouse Ave., currently houses offices for professors in the School of Management.
University

Admins evaluate future of SOM facilities

September 21, 2012 • 0
Before the School of Management moves to its new campus in December 2013, administrators are planning how best to repurpose the classrooms and office space that the school will leave behind. The classroom facilities in the school’s main building at 135 Prospect St. will likely remain classrooms, some for use by Yale College, Deputy Provost »
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University

Weaker endowment returns expected

September 20, 2012 • 10
Yale will likely see a lower return on its investments than the 21.9 percent it reported last year, based on the performance of endowments at the University’s peer institutions and of financial markets in fiscal year 2012. In an interview with Bloomberg a week ago, Princeton University President Shirley Tilghman estimated that the school will »
Four of the University’s top construction projects, which were stalled in 2008, will cost almost $1 billion in total.
University

Construction freeze continues to thaw

September 18, 2012 • 4
Over the course of this academic year, administrators will consider whether to move forward on four major construction and renovation projects valued at almost $1 billion in total. The administration has made renovating the School of Music’s Hendrie Hall and the Hall of Graduate Studies — projected to cost around $45 million and upwards of »
The Yale-NUS faculty visited New Haven for two weeks in July to plan the school’s curriculum.
University

Inaugural Yale-NUS faculty unveiled

September 14, 2012 • 1
On Thursday night, Yale-NUS administrators officially announced the school’s inaugural faculty — a group of 38 professors from around the globe who say they are eager to introduce the liberal arts to Singapore. Seven faculty members of the new college, a joint venture between Yale and the National University of Singapore, have previously worked at »
University

CIO Swensen diagnosed with cancer

September 13, 2012 • 1679
Chief Investment Officer David Swensen has been diagnosed with cancer, according to students in his economics seminar. Swensen, who is responsible for managing the University’s roughly $19 billion endowment, did not attend this Monday’s session of “Investment Analysis,” which he teaches with Investments Office Senior Director Dean Takahashi, five students in the course said. At »
University

Faculty members join presidential search committee

September 11, 2012 • 0
The final members of the committee that will select a successor for University President Richard Levin were announced Friday, and the newly appointed faculty representatives said they will look to their colleagues for guidance when considering candidates for the job. Professors Judith Chevalier ’89, Amy Hungerford, Richard Lifton and Anna Pyle joined the eight Corporation »
University

Among Ivy presidents, Levin earns second-highest compensation

September 11, 2012 • 11
University President Richard Levin may be the longest-serving president in the Ivy League, but he’s not quite the highest-paid. Levin’s total compensation — his base salary, benefits and deferred compensation — amounted to just over $1.6 million during the 2010 calendar year, placing him second in the Ivy League behind Columbia President Lee Bollinger, who »
With Yale-NUS College set to open next fall, working on the school’s day-to-day operations will be less of a role for the next University president.
University

Without Levin, Yale-NUS leadership evolves

September 7, 2012 • 0
When Yale-NUS College has faced criticism in the last two years, University President Richard Levin has been the first to come to its defense. But with Levin’s departure set for June 30, 2013, administrators at both Yale and the National University of Singapore say the new college’s administration is prepared to lead on its own »
University

Days-old search already criticized

September 6, 2012 • 9
Just days after it began, the search process for University President Richard Levin’s successor is already drawing criticism from some faculty, alumni and students. Yale Corporation Senior Fellow Edward Bass ’67 sent a campus-wide email Friday afternoon in which he detailed the presidential search process — to be led by a committee of eight Corporation »
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