The Stanford University Merged Pool achieved a 1.0 percent return on investments over 12 months, ending June 30, 2012. The University endowment grew by 3.2 percent during Stanford’s fiscal year, ending August 31, 2012.
Stanford Management Company (SMC) announced that its merged pool, the University’s principal investment pool, secured a 14.4 percent investment gain in the year that ended June 30, 2010.
Kenneth Frier, M.B.A. ’84 has been named Stanford Management Company’s (SMC) chief investment officer (CIO), a position he currently holds at the Hewlett-Packard Company. Frier is primed to manage the nation’s third-richest college endowment, a charge he will share with SMC president and chief executive officer John Powers, M.B.A. ’83.