5/30/2018 — We examine the link between endowment investment performance and the expertise of university board members. Harnessing detailed information on 11,019 members for 579 universities, we find that expertise in alternatives and larger professional networks are associated with higher allocations to alternatives and better investment results.

• KEYWORD(S):
• hedge funds
• infrastructure
• private equity
• real estate
• venture capital

6/1/2017 — An experienced investment committee can put an institution on course to gain higher endowment returns.

• KEYWORD(S):
• finance