Princeton cuts long-term return target on $36 billion endowment, flags deeper spending curbs
Princeton University has lowered its long-term return assumption for its $36 billion endowment from 10.2% to 8% due to changing market conditions and increased competition in private equity. This recalibration, driven by factors like excess capital and higher interest rates, could lead to significant financial implications for the university's funding of academic programs and financial aid.
Princeton University has lowered its long-term return assumption for its $36 billion endowment from 10.2% to 8% due to changing market conditions and increased competition in private equity. This recalibration, driven by factors like excess capital and higher interest rates, could lead to significant financial implications for the university's funding of academic programs and financial aid.
