Date updated:03-27-2007
The University of Chicago is known for many things, most famous of which is its history of spinning out nationally recognized and Nobel Prize winning economists. The school was founded in 1890 by oil tycoon John D. Rockefeller, who in his own words “felt that to aid colleges and universities, whose graduates would spread their culture far and wide, was the surest way to fight ignorance and promote the growth of useful knowledge.” Initially Rockefeller pledged $600,000 (in 19th century money) for the school, with another $400,000 to be raised from other sources. As the years went by Rockefeller went on to invest significantly more into the institution.
Today the school states that its endowment has just moved past the $5 Billion mark thanks to investments and fundraising. It has grown steadily over the past 20 years, but did decline in the bear market years of 2000 to 2002. According to Infoplease, as of a last reading in 2005 the UC Endowment was the 13th biggest endowment in the nation.
The fund employs a broad mix of Equity, Real Estate and Alternative investments to generate its returns. Its biggest single area of investment is Absolute Return products such as Hedge Funds which make up 28% of the fund’s investments. If all the various Equity groups in its portfolio are combined, they comprise 38% of the portfolio. With Alternative assets becoming more and more correlated to the stock market (and indeed underperforming it for 4 years running) one could argue the Endowment is highly leveraged to the performance of the global equity markets.
The fund’s investment philosophy could be found here, and a breakdown of its staff is here.
As of 12/31/06

-
DV
Devry Inc - $53.18
- -1.72%
- $54.35
No Analysis added

-
RRI
Reliant Energy In - $18.12
- -4.38%
- $18.90
No Analysis added

-
NDE
Nde - $0.00
- N/A
- $N/A
No Analysis added

-
CFC
Cfc - $0.00
- N/A
- $N/A
No Analysis added

-
KBH
Kb Home - $18.00
- +6.07%
- $17.27
No Analysis added

-
BIO
Bio Rad Labs Cl A - $79.75
- +1.27%
- $76.52
No Analysis added

-
NPK
Natl Presto Ind - $49.70
- -1.09%
- $50.48
No Analysis added

-
NLY
Annaly Capital Ma - $14.78
- +2.64%
- $14.80
No Analysis added
- Top Professional Portfolios
- 1. T. Rowe Price New Era ...
- 2. Profunds UltraSector O...
- 3. The Children's Investm...
- 4. U.S. Global Investors ...
- 5. AIM Energy A (IENAX)
- show all
- Top Do-It-Yourself Portfolios
- » YEAR OF THE BULL
- » Insane
- » wanda hulbert Portfolio 1
- » Mad Growth
- » divy
- show all
- Most Viewed Portfolios
- » Warren Buffett
- » 10 Short Squeezes
- » George Soros
- » T. Boone Pickens - BP Cap...
- » Carl Icahn
- show all
I have been watching E3 2008 for a couple of reasons this year. The first is because I am a casual gamer, and E3 is the granddaddy of all video gaming conventions -- and le...
7-18-08 The clouds have parted -- at least momentarily. Wall Street rallied on Wednesday and closed at a three-month high. And then we had some follow-through yesterda...
China Recap Stocks in mainland China fell slightly lower Thursday, after government data showed that inflation eased from recent highs but the economy grew at its slowes...
7-17-08 Jim Cramer has been critical of Securities and Exchange Commission Commissioner Christopher Cox all week, since news broke that the SEC is going to start enforci...
A. Investing resources for creating
wealth!
Pet Supplies & Training needs. Global
shipping.
Finest blue nose pitbulls in its breed!
Environment News, Information,
resources!
Please visit: Coffee-Advice.com
Dog & Puppy resources, news, articles,
and more.
Got acne? Cures, Treatments, articles,
and more.
Restore that classic Pontiac musclecar.
Click here.
Shop your favorite stores from across
the country!
Google it here!
Latest News & Technology headlines from
around the globe.
This portfolio consists of NYSE stocks that are trading for less than $5 per share and are profitable. more
These are some of the stocks mentioned today on TheStreet.com TV. Click the URL below each stock to watch the videos. more
Every day after the close we will list the top stocks rising on unusual volume that trading day. more








Comments not available