Maryland higher education CIO to coordinate University investments

President DeGioia announced today that Michael K. Barry, former chief investment officer of the University of Maryland System Foundation, would become Georgetown University’s CIO. As the CIO of the UMSF since 2005, Barry managed the investment funds of 21 Maryland state universities and community colleges. Before starting at the foundation in 2003, he was a […]

Georgetown CIO Larry Kochard to leave in 2011, manage UVa endowment

According to an AP report published yesterday, Larry Kochard, Georgetown’s first-ever chief investment officer, will leave on January 1 to manage approximately $3 billion of the University of Virginia’s endowment. Kochard, who was hired as the founding director of Georgetown’s investment office in 2004, will become the Chief Executive Officer of UVa’s Investment Management Company […]

Georgetown, Divest! relaunches ethical investment campaign

Georgetown, Divest! will re-emerge this semester to oppose the University investment policies, after attempting to end practices last semester that allegedly violate the University’s Catholic and Jesuit identity. In a Facebook message sent to Divest! members, David Schwartz (SFS ’12), a leader of the group, criticized the University for failing to invest in a socially […]

Georgetown, Divest! says ethics do not inform Georgetown’s investment decisions at all

In a press release provocatively entitled, “Georgetown University Admits Complete Lack of Oversight of Endowment Investments,” members of Georgetown, Divest!, the student coalition seeking University divestment in companies that perpetuate human rights abuses in Israel and Palestine, said that their Friday meeting with administrators revealed to them “that ethical concerns play no role in the […]

Georgetown’s endowment lost 17 percent of its value in 2009

The Washington Post has the most definitive numbers yet for the hit that Georgetown University’s endowment took in fiscal year 2009. In the midst of a global financial crisis, it’s reporting, the endowment shrunk to $883 million, or by 17 percent. And Georgetown is not alone in its misfortune—far from it. A survey conducted by […]

Modest endowment growth: Stats from Georgetown’s last financial quarter

The lame titular genitalia joke was supposed to grab your attention. Did it work? Georgetown is still compiling all the information about how its finances performed in the last fiscal quarter, but some preliminary statistics are available. In the last financial quarter (which ended in December) the University’s endowment saw modest growth and ran a […]

Georgetown had 71st largest endowment for fiscal year 2008

The National Association of College and University Business Officers recently crunched the numbers to come up with a complete ranking of U.S. college and university endowments for fiscal year 2008. Granted a lot has changed since then, but with an endowment of $1,059,075,000 at the end of fiscal year 2008, Georgetown was ranked 71st.  That […]

Georgetown is gradually getting greener, the College Sustainability Report Card finds

The Sustainable Endowments Institute just released its 2010 College Sustainability Report Card, and while Georgetown is still in the B range, we’re making some improvements.  This year we received an overall grade of B, up from the B- we received for the past two years and the C+ we received in 2007. Georgetown’s biggest gains […]

Economic troubles drop endowment 12.5%

No campus-wide wireless for you scalliwags! Bad times globally mean bad times for Georgetown, with the endowment dropping 12.5% to under $1 billion. I guess we won’t be beating 23 this year (emphasis added): As of September 30, 2008, Georgetown’s endowment was valued at $964 million. While this represents a 9.5% drop from the previous […]

Georgetown gets B- in enviro. sustainability

The good folks at the Sustainable Endowments Institute must have missed the Voice’s article this week about how GUSA, EcoAction, and the Corp are painting the campus green. At least, that might explain the B- Georgetown got in the SEI’s 2008 College Sustainability Report Card. Take heart, though. Georgetown students might cringe at the idea […]