Foundation pay: Doing Good and Doing Well

The world’s largest private foundation, the Gates Foundation in Seattle, is paying its new CEO nearly $1 million per year. Jeffrey Raikes was an early Microsoft employee who rose to the number three job in the company and, according to Forbes, was personally worth $490 million as of 2003.

Chief risk officers: do we need them?

Wesleyan Looks at Outsourcing:

Harvard: top pay, tepid performance

Wesleyan University: Another Very Quiet Departure:

Endowment, Foundation turnover: bad for business.

Larry Siegel: PE, capital calls and modern portfolios

Modern portfolio theory (the endowment model): It still works.

UC Berkeley hires first chief investment officer