Universities are Becoming Billion-Dollar Hedge Funds with Schools Attached

Universities are Becoming Billion-Dollar Hedge Funds with Schools Attached l The Nation

By: Astra Taylor, March 8th, 2016

  •  Experts estimate that over $100 billion of educational endowment money nationwide is invested in hedge funds, costing them approximately $2.5 billion in fees in 2015 alone. The problems with hedge funds managing college endowments are manifold, going well beyond the exorbitant fees they charge for their services.