News
University investments show surprisingly high returns
By Katherine Wilkin | November 14, 2013In discussions of the University’s finances, one word constantly crops up: the endowment. But an endowment is nothing if managed poorly — the University can credit a large portion of its endowment’s size and comparatively high growth rate to the University of Virginia Investment Management Company (UVIMCO), the non-stock corporation that manages the University’s investments. UVIMCO is administered by a Board of Directors, three of whom are specifically selected by the Board of Visitors and one whom is selected by the University President.
