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MIT's Endowment Gains 13.5% As Value Hits Record $16.4 Billion

TedTed
in The Bullpen
FYI: The Massachusetts Institute of Technology, one of the wealthiest schools in the U.S., posted an investment gain of 13.5 percent in fiscal 2018 as the endowment’s value reached a record $16.4 billion.

MIT’s investment management company oversees a total of $25.3 billion of endowment, retirement and operating funds as of June 30, according to a school statement on Friday. The statement didn’t specify performance by sector or provide asset allocation breakdown.
Regards,
Ted
https://www.fa-mag.com/news/mit-s-endowment-gains-13-5--as-value-hits-record--16-4-billion-40852.html?print

Seth Alexander, Better Returns At Lower Pay:
https://www.fa-mag.com/news/mit-s-endowment-chief-delivers-better-returns-for-lower-pay-40428.html?print
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