Endowments

Queensland eyes USD4 billion toll road sale

Queensland Investment Corporation announced the sale of its toll road business Queensland Motorways for USD4 billion.


Edmond de Rothschild closes BioDiscovery 4 Fund

Edmond de Rothschild raises EUR192 million or USD250 million for its BioDiscovery 4 fund. The Edmond de Rothschild Investment Partners have announced the closure of its BioDiscovery 4 Venture capital fund for European life science companies.

Morgan Stanley establishes fund to improve affordable housing

Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.

Lane MacDonald to oversee Harvard private equity arm

Lane MacDonald would be heading the private equity investments of the Harvard Management Company. Investment veteran Lane MacDonald was promoted to oversee the private equity investments of Harvard Management Company.


Latest News

Farmer Mac has continued to pitch itself to potential investors even as analysts continue to warn of a fall in farmland prices in 2014.
A Bloomberg report showed how gifts to institutions of higher learning in the US had rebounded this year.
Harvard is setting the bar at USD6.5 billion for the improvement of campus, programs and housing in the university.
The Hutchins Family Foundation is donating USD15 million for the establishment of the Hutchins Center for African and African American Research.
The launch of Lift Labs was done recently to unveil its latest product the Liftware, which is a product that used grant money for its design and creation.
An endowment fund was established for the Eric B. Chandler Health Center through the assistance of the Robert Wood Johnson Foundation and the New Jersey Health Foundation.
Miss America 2014 announced Nina Davaluri from New York as its new winner during the pageant held in Atlantic City.
A revelation made by New Jersey newspaper The Record indicated that Port Authority of New York and New Jersey in 1986 sold the name "World Trade Center" for only USD10.
GM George Steel found supporters in New York's Opera board for his demand for USD7 million for the year.
StartX had partnered with Stanford University and Stanford Hospitals and Clinics for a grant accelerator fund for Stanford affilated entrepreneurs.
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