Thursday, September 16, 2010

University’s endowment hits approximately $6.5 billion

University’s endowment hits approximately $6.5 billion: "It looks like the Columbia Blue finally knocked out the Harvard Crimson—albeit off the football field.

Columbia surpassed Harvard, the world’s wealthiest school, in gains this year, with an estimated endowment of approximately $6.5 billion as of June 30.

The University’s investment portfolio had an annualized return of 17.3 percent, according to a Columbia press release."

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