October 22, 2020
U-M’s endowment continued to provide funding for operations totaling $391 million, up more than 6 percent from a year earlier. The endowment was valued at $12.5 billion as of June 30.
October 17, 2019
The value of U-M’s endowment rose to $12.4 billion, and its 20-year annualized return of 9.2 percent ranks U-M in the top decile for long-term investment performance among university endowments.
October 18, 2018
The value of U-M’s endowment climbed to $11.9 billion in fiscal year 2018, $1 billion more than a year ago. The rate of return for the fiscal year was 10.7 percent.
September 19, 2018
To the Editor, We are former members of the Board of Regents of the University of Michigan, representing different political parties and times in office. What unites us is our love of the university that we so proudly served, and our frustration with the misimpressions of the university’s Investment Office and its relationship with U-M…
September 13, 2018
University leaders are reaffirming support for the university’s investment practices while refuting new claims by the Detroit Free Press that imply wrongdoing on the part of the university and its regents in regard to interactions with university donors.
August 2, 2018
U-M has in place a meaningful series of controls for its investment functions, a conclusion based in part on a review of specified non-financial investment functions performed by accounting firm PricewaterhouseCoopers.
March 29, 2018
As a further expression of its commitment to transparency and appropriate governance regarding investments, U-M will implement several changes to its practices.