This is the first semester that the new Sam Houston State University College of Osteopathic Medicine in Conroe has welcomed students to campus, but because of the COVID-19 pandemic, the year is not starting as anticipated.
The College of Osteopathic Medicine received its pre-accreditation status in September of last year, which allowed the college to start recruiting new students. The school’s first class is 75 students but in about two years the school plans to double that number to meet its full capacity of 150 students.
Endowments often go to great lengths to seek out returns. Brown University’s goes further than most.
The $4.7 billion endowment has hired private detectives to investigate a money manager and backed unproven startup funds. The endowment’s former head and current adviser has also hosted some prospective managers for dinner with his family, supplementing Brown’s due diligence.
The approach has paid off. Brown’s endowment over the course of
’s seven-year run has produced top-tier results.
It notched a 12.1% return in the fiscal year that ended June, Brown said last week, a top rate among college endowments. The median return of U.S. endowments in the same period was 2.6%, according to Wilshire Trust Universe Comparison Service. It was the second year in a row that Brown’s return rate beat those of the Yale University and Harvard University endowments, though they run far larger pools of money.
Other investors have taken note of Brown’s growing lead and wondered how Mr. Dowling and his team, including Chief Investment Officer Jane Dietze, have pulled it off—and whether Brown can replicate that performance long-term.
Brown believes the endowment’s performance reflects the entire team’s work and not any individual’s, Executive Vice President of Finance and Administration
said in a statement.
Mr. Dowling handed the reins to Ms. Dietze on July 1 and now is a member of Brown’s investment committee. He spends half his time on matters relating to the university, which is located in Providence, R.I., including advising its president,
He also recently joined forces with real-estate investor
to launch a blank-check company, an entity that typically goes public to raise cash in order to acquire a business.
Schultz is the first faculty member to receive the title at Hamline University.
“It is my honor to name David Schultz the first Hamline University Distinguished Professor,” said President Miller. “He has achieved at the very highest levels in academia, and has established himself nationally and internationally as a sought-after expert all while serving our students and contributing to the university community.”
“David Schultz’s record of accomplishment speaks for itself,” said Hamline Board of Trustees Chair Brenda Edmondson Heim ’77. “He is known around the world for his expertise in the American political and judicial processes and we are fortunate to be able to give our students the benefits of that expertise. On behalf of the Board of Trustees, I extend my warmest congratulations.”
A lifelong scholar, Professor Schultz holds multiple graduate degrees, including doctorates in political science and law from the University of Minnesota, an advanced post-Juris Doctor degree from the University of London and master degrees in philosophy, political science and astronomy.
As a professor in the political science department at Hamline University, he has taught classes in American politics, public policy and administration, and ethics. Schultz holds an appointment at the University of Minnesota law school and teaches election law, state constitutional law, and professional responsibility. He has authored or edited 30 books,12 legal treatises, and more than 100 articles on topics including civil service reform, election law, eminent domain, constitutional law, public policy, legal and political theory, and the media and politics. In addition to more than 25 years teaching, he has worked in government as a director of code enforcement and for a community action agency as an economic and housing planner.
LONDON (Reuters) – The University of Cambridge pledged on Thursday to reduce the climate-warming emissions from its investments to net zero within 18 years, a first among academic institutions under pressure from students to do more to combat climate change.
The 800-year-old British university said it would rebalance its 3.5 billion pound ($4.5 billion) endowment fund to ensure that it stopped contributing to global warming by 2038 – ahead of many other climate-concerned investors, who have tended to set a 2050 deadline.
“Cambridge is one of the world’s leading scientific universities and our plans are to align our investment portfolio with the science,” Tilly Franklin, the university’s chief investment officer, told Reuters television.
Cambridge said it would divest any remaining holdings in fossil fuel companies by 2030 to support its goal, part of a broader Cambridge Zero initiative to harness the university’s scientific and convening power for climate action.
Students in Europe and North America have campaigned for years to force universities to divest from fossil fuels. In February, Extinction Rebellion climate protesters dug up the lawn of Cambridge’s Trinity College as part of a week-long series of demonstrations in the town.
Dumping fossil stocks has proven contentious for many pension schemes who favour engaging with heavily-polluting companies. More than 1,000 institutions have nevertheless pledged to divest, according to pressure group Divest/Invest.
By going beyond narrow divestment strategies to target net zero emissions by 2038, Cambridge both joins a vanguard of investors seeking to drive an economy-wide shift to a low-carbon future, and raises the bar in terms of timing.
With the embrace of net zero targets still in its infancy, analysts say fund managers may face hurdles in gaining access to the kind of data and investment options they need to be certain they are delivering