Endowments
Q&A: Northwestern University’s Tianhao Wu
Tianhao Wu, a managing director in the investment team at Northwestern University’s endowment, on adding new GP relationships, addressing China risk, and pursuing geographic diversification in Asia
Yale's David Swensen dies aged 67
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.
Poor relations: Endowments and foundations in Asia
With a few exceptions, Asia’s endowments and foundations lack the scale, sophistication and appetite for alternatives of their US brethren. Structural and cultural barriers maintain the status quo
LP interview: Tsinghua University Education Foundation
Tsinghua University Education Foundation is the first Chinese endowment fund to invest in private equity. It has developed a preference for managers with niche strategies
Northgate's Koh joins Singapore university endowment
Lye Thiam Koh has departed fund-of-funds Northgate Capital and taken up a new role as portfolio manager with the National University of Singapore’s (NUS) investment office.
Emerald Hill raises $400m for third Asia fund-of-funds
Emerald Hill Capital Partners has reached a final close of $400 million for its third Asian fund-of-funds. Endowments and foundations account for the vast majority of LPs, with about 75% of investors in Fund II re-upping for Fund III.
Yale trims private equity allocation
The Yale University endowment, feted among institutional investors for pioneering a portfolio management model characterized by a relatively heavy exposure to illiquid assets, has trimmed its private equity allocation for the first time since 2005.
Endowments: Still gold standard?
North American endowments took a beating during the financial crisis and the recovery process has been slow. But they retain the ability to uncover high-quality GPs, in the US and beyond