Princeton Pays High Fees, Managers Deliver
Posted on 04/28/2016
Princeton has the third largest endowment in the United States, just edging out Stanford University. It was revealed in U.S. Congress that Princeton University’s endowment paid at a minimum US$ 299 million in fees, or about 1.4% in total assets, to 160 external managers in fiscal year 2015. In addition, the amount does not include […]
