The Harvard Endowment Is on the Verge of Losing Its Crown

Odd Lots

Bloomberg

News, Investing, Business, News Commentary, Business News

4.4 • 1.6K Ratings

🗓️ 22 November 2024

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

For years, the Harvard Endowment has easily been the largest endowment of any university. But as of right now, it's at risk of losing its crown to the University of Texas. So what happened? It's a combination of things including organizational tumult, external controversies over the university, controversy about the endowment's model itself, and other factors. And of course, Texas has unique tailwinds -- including a huge energy windfall -- that aren't easily replicated elsewhere. On this episode we speak with Bloomberg's higher education reporter Janet Lorin about what's changed at this huge source of capital.

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1:22.3	And I'm Tracy Allaway.
1:23.7	Tracy, we talk about investing all the time on the show. We talk about private credit. We talk
1:28.7	about hedge funds. We talk about the market itself. But, you know, there are like a few of these
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