endowments

MPI: Venture Capital, Technology Investments Will Define 2023 University Endowment Returns

Matt Toledo with CIO Magazine reviews in this article recent performance of top endowments from Yale, UPenn and Stanford and compares them with projections from MPI Transparency Lab. “Stanford announced on Thursday a 4.4% return in fiscal 2023, slightly below MPI’s estimate of 6.42%. Stanford attributed its underperformance—as compared with Cambridge Associates’ 6.9% median return for university endowments—to losses in its venture capital investments, in line with MPI’s projections,” – he writes.

MPI Announces Key Drivers of Performance at Bowdoin, Harvard, and the University of Pennsylvania

Institutional Investor features MPI’s latest research series on university endowments in fiscal year 2021. In the article, Co-founder and CEO Michael Markov discusses how asset allocation played a far more important role in returns than manager selection.

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How Brown Outperformed for the Second Year in a Row

For the second straight year, Brown outperformed all other Ivy endowments by a large margin. Our research team, using MPI Stylus Pro to dissect the endowment annual returns, provides a plausible explanation of the endowment’s spectacular results.