Cornell endowment performance ‘solid’ – hits highest total ever

ITHACA, N.Y. – Cornell University’s endowment returned 12.5 percent for the year ending June 30, bringing its value to $6.8 billion, its highest total to date. Performance was led by the endowment’s public equity portfolios, which benefited from broad gains in global equity markets, particularly in Europe and in emerging economies, and by its private […]

Endowed scholarship challenge is launched at Cornell University

ITHACA, N.Y. – When it comes to upholding Cornell University’s commitment to financial aid for “any person … any study,” Cornellians are always ready for a challenge, according to Fred Van Sickle, vice president for the Division of Alumni Affairs and Development. “They consistently make all the difference for the university,” he said. At the […]

Kenneth Miranda of the IMF named Cornell’s chief investment officer

ITHACA, N.Y. – Kenneth Miranda, director of the International Monetary Fund’s (IMF) investment office, has been selected as Cornell’s chief investment officer, Provost and Acting President Michael Kotlikoff announced today. Miranda will manage Cornell’s $6 billion investment portfolio and lead the Office of University Investments, starting July 1. Director of the IMF’s investment office since […]