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While Harvard seems to be moving to halt construction in Allston, Columbia officially kicked off construction for their new 17-acre campus in Manhattanville yesterday. Of course, their endowment fell only 16 percent this past year, so they may have a bit more wiggle-room—both in terms of spending and building space...

Author: By Bonnie J. Kavoussi | Title: Around the Ivies | 9/11/2009 | See Source »

Citing economic uncertainties this winter, the University once again pushed back capital campaign plans, which had called for a tentative 2011 launch date, despite relatively stable alumni donations at the time. Gift receipts from December fell just 2 percent relative to the same month...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERS | Title: Fundraising Total Falls Eight Percent | 9/11/2009 | See Source »

Yale’s endowment fell $1 billion more than expected to $16 billion in the fiscal year ending June 30, marking a 30 percent decline in value, Yale University President Richard C. Levin announced yesterday. In an e-mail to faculty, staff, and alumni, Levin wrote that previous projections of a 25 percent endowment drop had not accounted for the continued slide in private equity and real estate holdings even after stock markets began to rebound this spring. The unexpected additional fall in the endowment will lead to a 6.7 percent decrease in endowment payout this year and another...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Yale’s Endowment Faces 30 Percent Loss | 9/11/2009 | See Source »

...performed 2.1 percent worse than the Policy Portfolio—a theoretical portfolio set by HMC specifying allocations and setting performance goals among a mix of asset classes. But certain individual assets have performed well. The report noted that the value of Harvard’s real asset holdings fell by 37.7 percent—slightly less than the benchmark—and that internal emerging markets and international fixed income teams outperformed their benchmarks as well...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Harvard Endowment, Largest in Higher Education, Plummets by 27% | 9/10/2009 | See Source »

...Union’s strong work security program and productive collaboration with University administrators. He said that he could not say exactly how many unionized workers had been laid off in June, due to ambiguities such as voluntary layoffs and job offers with fewer hours, but that the figure fell somewhere between 100 and 130. Jaeger also said that in the late spring and summer, union officials noticed “a burst” of job postings at Harvard for union members. Whereas they might typically expect 10 to 15 new job posts a week during the spring...

Author: By Esther I. Yi and Peter F. Zhu, CRIMSON STAFF WRITERS | Title: Laid-off Staffers Find Harvard Jobs | 9/10/2009 | See Source »

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