The unprecedented increase in the University’s endowment has led to questions about where the money should be spent.
Washington University’s endowment pool grew a record 65%, adding $5.7 billion
Last week, Student Union announced that it would be creating a student-faculty advisory committee that would give recommendations to the Washington University Investment Management Co. (WUIMC) about how to invest the endowment. This move was well-received by students.
Kimberly Walker, Washington University’s chief investment officer, sought on Wednesday night to allay students’ concerns over how the school invests the endowment, but Student Union senators left the meeting with much of the same skepticism.
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