Essay·2014

Wharton: The Endowment Model Revisited — Lessons from the GFC

Andrew Ang·Columbia Business School

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Document Details

Author

Andrew Ang

Institution

Columbia Business School

Year

2014

Topic

Endowment Management

Source Type

Essay

Abstract

A post-Global Financial Crisis reassessment of the endowment model, examining the liquidity crunch that forced some endowments to sell assets at distressed prices and the governance lessons learned.

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