side bar
logo
Friday, December 3, 2021

News

UH endowment fund surpasses $1B


Students should still take COVID-19 precautions

UH System’s Board of Regents met on Thursday where the endowment fund exceeding $1 billion was presented. | File photo

The UH System endowment fund has exceeded $1 billion, as announced at the quarterly Board of Regents meeting on Thursday.

The Endowment Management Committee Report presented at the meeting and revealed the UH System budget now exceeds $2 billion. 

NEPC, LLC. representative Wyatt Crumpler is an investment consultant for the University. Crumpler claimed this second quarter of the fiscal year was very successful for UH.

“From a performance standpoint, it’s been a very, very good quarter,” Crumpler said. “This is well ahead of what our original benchmark was, and needless to say, this is a great milestone.”

The report also noted key market themes, including the emergence of COVID-19 vaccines, and how vaccinations have affected the University’s finances, allowing progress to this extent. 

Chancellor Renu Khator shared the news with the University community via Twitter. 

[email protected]

Tags: , ,


Back to Top ↑
  • COVID-19
  • Sign up for our Email Edition

  • Follow us on Twitter

  • Polls

    How are your classes going so far?

    View Results

    Loading ... Loading ...