Cornell, Stanford Fund Values Rise on Private Equity Bets
- Stanford repositioning illiquid assets, endowment CEO says
- Cornell made changes after ‘deep-dive reviews,’ its CIO says
This article is for subscribers only.
Cornell University’s endowment posted a 10.6 percent investment gain, a performance that landed it at the lower end among its Ivy League peers -- but still outpaced Harvard University.
The value of Cornell’s fund rose to a record $7.2 billion as of June 30, the school in Ithaca, New York, said Wednesday in a statement.