Columbia University Posts 13.7% Annual Return
- New York-based Ivy League endowment valued at $10 billion
- Longtime Columbia CIO Holland took over fund in October 2016
Columbia University campus in New York
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
Columbia University’s endowment posted a 13.7 percent investment return in the year through June, the first one with Chief Executive Officer Peter Holland leading the Ivy League fund.
The fund’s value was about $10 billion as of June 30, Columbia said Tuesday. The endowment didn’t disclose investment strategies used or performance by asset class. Columbia in a statement said the performance reflects a one-quarter lag in private equity and real asset valuations.