Stanford Report, October 21, 2009
Stanford Management Company (SMC), which manages the investment assets of Stanford University, is exploring a partial secondary sale of a portion of its private equity illiquid investments.
October 8, 2009
Provost John Etchemendy recently pronounced Stanford to be in “fine shape” for fiscal 2010. “We’re not in growth mode, we're in recovery mode,” he said at the Faculty Senate's first meeting of the year on Oct. 8.
Stanford Report, September 23, 2009
The Stanford University Merged Pool (MP) experienced a 25.9 percent investment loss for the 12 months ended June 30, 2009, according to the Stanford Management Company (SMC).
Stanford Report, September 1, 2009
In response to a directive to adjust to a new baseline budget, Stanford schools and units have laid off 412 staff members and eliminated their positions over the last eight months, a decision spurred by a steep decline in the value of the university’s endowment.
Stanford Report, May 29, 2009
Provost Etchemendy presented the highlights of the 2010 budget plan, focusing on the consolidated budget for operations, the general funds budget and the capital budget. He said the unprecedented 30 percent drop in the endowment was the “big story” of the year.