NEW YORK (Reuters) - Endowments at New York City's elite private day schools are flourishing, thanks to wealthy donors and portfolios that have benefited from the U.S. stock market rally and investment in alternative assets such as hedge funds.
Reuters: U.S., Reuters: Nation
Wed, 06/03/2015 - 3:22pm
NEW YORK (Reuters) - Endowments at New York City's elite private day schools are flourishing, thanks to wealthy donors and portfolios that have benefited from the U.S. stock market rally and investment in alternative assets such as hedge funds.