University | 8:15 pm | September 26, 2012 | By Gavan Gideon

Harvard endowment falls .05 percent

Harvard Yard

Harvard University’s endowment fell to $30.7 billion in the latest fiscal year after experiencing a 0.05 percent loss in investments. The slight decline of the largest endowment in higher education is a substantial reversal from fiscal year 2011, when the school reported a 21.4 percent return on investments. Equities in emerging markets were hit particularly »

University | 12:45 am | September 22, 2012 | By Gavan Gideon

Penn posts 1.6 percent return on endowment


The University of Pennsylvania became the first Ivy League institution to report the performance of its endowment in fiscal year 2012 today, posting a 1.6 percent return on investments. The slight gain, which brought the value of Penn’s endowment to $6.8 billion as of June 30, is significantly weaker than the 18.6 percent return the »

University | 11:15 am | September 13, 2012 | By Gavan Gideon

University confirms Swensen diagnosis

David Swensen.

Yale Chief Investment Officer David Swensen will take time off from his teaching responsibilities to undergo treatment for cancer, University spokesman Tom Conroy confirmed in a statement released today. Conroy said Swensen, who did not attend this week’s session of the economics seminar he teaches with Investments Office Senior Director Dean Takahashi, will continue to »

University | 5:10 pm | August 31, 2012 | By Gavan Gideon

Outrage Alert: Rick Santorum coming to campus on Tuesday

Former presidential candidate Rick Santorum will speak in Woolsey Hall this Tuesday at the first Yale Political Union debate of the year. A former senator from Pennsylvania, Santorum is well-known for his socially conservative views on issues such as abortion and homosexuality. His visit to Yale is part of the Wendy P. McCaw Lecture Series, »

University | 4:10 pm | August 25, 2012 | By Gavan Gideon

Berry to chair Academic Review Committee

Economics professor Steven Berry will chair a committee this year responsible for reviewing the allocation of faculty positions across departments, Provost Peter Salovey announced in a Friday memo to the Faculty of Arts and Sciences. Appointment of the Academic Review Committee follows a recommendation made in a spring report on faculty resources that an academic »