Boston College’s profile of its $3.7 billion endowment is short, vague, and far from informative. The University has a moral responsibility to change this.
BC must make its investment strategies, ethics, and categorization more transparent.
BC Director of Investments David J. Martens said the “University’s approach to investment transparency is consistent with most peer institutions” in an email to The Heights. This is, at best, an exaggeration.
The University’s endowment webpage—BC’s most easily accessible public source of endowment information—overviews the fund’s growth each decade, the focus of its financial managers, and the broad categories of assets the fund covers: illiquid strategies, domestic equities, hedged strategies, fixed income, and foreign equities.
But, it provides no explicit information about the specific types of assets the University…
