[lbo-talk] well-endowed

Jordan jgl123 at yahoo.com
Wed Mar 7 14:55:58 PST 2012


From: Dennis Redmond <metalslorg at gmail.com>

Punahou's total endowment: $183.8 million (source: http://www.punahou.edu/page.cfm?p=1538). Basically, a hedge fund masquerading as a school.

You think that's an endowment?  Get a load of this:

http://en.wikipedia.org/wiki/Kamehameha_Schools

It was 9 billion before the manufactured crisis. They lost a couple billion in 2008-9 if I remember correctly, but i would guess they have rallied and are back near that 10 billion mark.

~J



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