investments
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October 18, 2018
U-M endowment up $1B over last year with strong rate of return
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.
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September 19, 2018
Former regents support U-M investment operations
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 reaffirm support of successful investment practices
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.
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September 13, 2018
Additional statement from U-M Regent Andrea Fischer Newman
University of Michigan Regent Andrea Fischer Newman shared this additional statement following the publication of a story today in the Detroit Free Press: I love the University of Michigan and have been honored to serve its students and community. Transparency and accountability are two of my core principles, which is why I was appalled that… -
August 2, 2018
U-M has meaningful controls for investment functions
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.
