Most venture funds have some institutional investors (pension funds, university endowments, family offices) as LP's.

因为多数风险基金都有一些机构投资者(养老金基金、大学捐赠基金以及“家族理财室”)作为有限合伙人加入。

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Moreover, the charitable foundations, like university endowments, plan to be around for ever, and take a long-term view that gives managers more leeway.

而且，象大学捐款这样的慈善基金会永远想着力争上游，有长远的眼光给经理人更多的灵活性。

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University endowments across the country have begun announcing unprecedented losses and instituting hiring or construction freezes in an effort to save funds.

学校的捐助在全国范围内开始宣告了前所未有的损失，研究院的招聘与建设开始处于冻结状态以努力节省基金。

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Moreover, it's had a 17.8% average return for the last ten years, which is number one among university endowments.

甚至,过去十年中,耶鲁基金的年均收益率高达17.8%,依然高居全美高校榜首

耶鲁公开课 - 金融市场课程节选

Harvard University, Princeton University, and other universities have done extremely well on their endowments; however, not quite as well as Yale.

哈佛大学 普林斯顿大学,和其他的大学,各自的基金上都经营得很好,但是,都比不上耶鲁大学

耶鲁公开课 - 金融市场课程节选

For the cause of medical progress--or art patronage or university endowments--wealth concentration is a good thing.

FORBES: Rationalizing Wealth

Investments from institutional investors, like university endowments, were fairly straightforward: They hand over money and wait for returns.

FORBES: Magazine Article

For decades, the premier university endowments in the U.S. have consistently generated alpha through public equity money manager selection.

FORBES: John Bogle Didn't Have All The Data