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Endowments

The Port Authority of New York and New Jersey

Port Authority of New York,New Jersey sold WTC rights for cheap in 1986 - report

A revelation made by New Jersey newspaper The Record indicated that Port Authority of New York and New Jersey in 1986 sold the name "World Trade Center" for only USD10.

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New York City Opera

New York's Opera board supports the move of GM George Steel

GM George Steel found supporters in New York's Opera board for his demand for USD7 million for the year.

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StartX

Stanford, Stanford Hospitals and Clinics and StartX form grant and venture fund

StartX had partnered with Stanford University and Stanford Hospitals and Clinics for a grant accelerator fund for Stanford affilated entrepreneurs.

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MDIS

MDIS gives MYR300 million to construct Malaysia extension

The Management Development Institute of Singapore (MDIS) would be investing MYR300 million of its money to construct a large campus at Educity, Nusajaya.

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National Collegiate Athletic Association (NCAA)

NCAA gains 11% from growing investment portfolio

NCAA's investment portfolio is now valued at USD 527 million as its quasi-endowment and operating reserve posted gains of 11%.

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Memorial

Student killed by three 'bored' teens

Christopher Lane, a student on a baseball scholarship in Oklahoma, was shot and killed while jogging by three 'bored' teenagers.

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fulcrum

Fulcrum Equity Partners lead growth capital investments for RivalHealth

Fulcrum Equity Partners lead growth capital investments for outcome-based preventive health company, RivalHealth.

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IFC Logo

IFC to invest more in Nigeria

International Finance Corporation revealed it would be increasing its investments in Nigeria by 25% to US$2 billion by 2014.

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Columbia Business School Seal on Samberg and Gabelli gift

Arthur Samberg and Mario Gabelli donates US$40 million to the Columbia Business School

Arthur Samberg and Mario Gabelli revealed that they have donated a total of US$40 million to the Columbia Business School for its new business school campus.

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VeloCity Venture Fund Logo

VeloCity Venture Fund awards US$100,000 across four venture firms

University of Waterloo's VeloCity Venture Fund had awarded US$100,000 in funding across four venture firms.

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Northwestern University Logo

J. Landis Martin gives US$10 million to the Northwestern University

The Northwestern University revealed that it had received a further US$10 million from J. Landis Martin.

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Brookfield Asset Management

Brookfield announces that it has raised over US$14 billion in its latest initiative

Brookfield Asset Management stated that various international investors of one of their initiatives have now committed over US$14 billion.

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Harrison Street Logo

Harrison Street raises US$750 million

Harrison Street Real Estate Capital sealed its fourth fund after raising US$750 million from various investors.

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University

US' richest universities venture in Africa

The United States' wealthiest universities are eyeing Africa as their latest investment nest.

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African Metropolis

Africa, a profitable place for academic endowments

A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.

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