Top endowments in state now exceed pre-recession levels | Richmond Times-Dispatch: Three Virginia universities with elite endowments have recovered from the recession, and Virginia Commonwealth University wants to join their billion-dollar ranks.
The public University of Virginia and the private University of Richmond and Washington and Lee University say their endowments exceed where they were before investments took a hit four years ago.
The market value of the University of Virginia's total investment pool rose from $4.4 billion to end fiscal 2011 at $5.34 billion, according to the University of Virginia Investment Management Co.
No comments:
Post a Comment