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Perspectives | Index
Higher Education Price Index Forecast June 2026
According to Commonfund Institute's latest update, HEPI forecasts a 3.4 percent inflation rate for U.S. colleges and universities in fiscal year 2026. The latest forecast, based on data through June...
Featured
Governance And Policy | Insights Blog
Higher Education Endowment Return Assumptions in a Changing Environment
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Investment Strategy | Articles
Mind the Gap: The Strategic Risk of Skipping a Vintage in Private Equity
Private equity (inclusive of buyouts, growth equity, and venture capital) remains a compelling long-term asset class, but recent periods of muted distributions and below-average returns have created...
Perspectives | Press Releases
2025 HEPI Report Released
Inflation for U.S. Higher Education Institutions Rises 3.6% in Fiscal 2025, Up from Fiscal 2024 Rate Norwalk, Conn., December 11, 2025 – Data from the annual Higher Education Price Index® (HEPI) show...
Investment Strategy | Videos
Understanding the Private Equity Secondaries Market
This Commonfund Institute Online video explores the evolving landscape of the private equity secondaries market, focusing on both Limited Partner (LP)- and General Partner (GP)-led transactions.
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Private Equity | Private Equity Insights
Interval Funds and Semi-Liquid Structures: How Liquid Are They Really?
The case for interval funds and other semi-liquid vehicles is straightforward: access to private markets without a ten-year lockup, and the appeal of periodic liquidity. It's a compelling pitch. It... Learn Moreeducational-endowments
Market Commentary | Podcasts
Global Growth, Hedge Funds & Election Risk: Macro Outlook
Episode 2 How should long-term investors think about diversification in an uncertain market? Commonfund's Chief Investment Strategist Kris Kwait joins host Anita Hariton to review the latest macro...
independent_school
Perspectives | Press Releases
Commonfund Study of Independent Schools Released for FY2023
Independent Schools Report 9.2% Return on Endowment Assets for FY2023, Marking Reversal from Last Year’s -11.3% Loss Returns Rebound; New Gifts to Endowments Fall, Responsible Investing Tempers...
educational-endowments
Perspectives | Press Releases
FY23 NACUBO-Commonfund Study Released
U.S. Higher Education Endowments Report 7.7% Return for FY23 While Spending More in Support of Their Missions 50th anniversary NACUBO-Commonfund Study shows participating colleges and universities...
educational-endowments
Perspectives | Insights Blog
The NACUBO Endowment Study: A 50-Year Retrospective
Documenting a Period of Unprecedented Change The NACUBO-Commonfund Study of Endowments (NCSE) for fiscal year 2023 marks the 50th consecutive year that NACUBO has published a Study of the endowments...
Investment Strategy | Private Equity Insights
Unlocking Sustainable Investment: Insights from Ethan Levine
At SuperReturn Energy, Ethan Levine, Managing Director, CF Private Equity, discussed the continued focus on sustainability and ESG, touching on net zero, decarbonization and climate pledges.
Private Equity | Private Equity Insights
COP28 Reflections: Can Intention Be Met With Action?
The 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (“COP28”) recently concluded in Dubai on December 13th, 2023. Unique to this year’s conference was the...
educational-endowments
Governance And Policy | Insights Blog
Four Things we Learned from Foundation Leaders
Following the release of the Council on Foundations–Commonfund Study of Investment of Endowments for Private and Community Foundations (the “Study”), Commonfund Institute hosted a three-part Coffee...
educational-endowments
Governance And Policy | Videos
Impact and Value-Aligned Investing - Commonfund Coffee Talk
Impact and value-aligned investing The final session in our Commonfund Coffee Talk 2023 series, foundation leaders discuss impact and values-aligned investing, a focus for many foundations and the...
educational-endowments
Market Commentary | Insights Blog
Bad News is “Good” for Markets to Close 2023
As we inch closer to 2024, domestic markets have been largely driven by shifts in sentiment surrounding the macroeconomic environment, leading many to question the relationship between “bad news” and...
educational-endowments
Perspectives | Insights Blog
A Winter Wonderland of Books to Warm Your Soul and Inspire Creativity!
Commonfund Institute is excited to share our staff-curated reading list this winter, filled with stories that warm the heart and spark imagination. We extend our warmest wishes for a season filled...
educational-endowments
Governance And Policy | Videos
Beyond DEI Toward Reparative Care - Commonfund Coffee Talk
Beyond DEI Toward Reparative Care The second session in our Commonfund Coffee Talk 2023 series, foundation leaders discuss how institutions can use their power, move beyond baseline DEI, and toward...
educational-endowments
Investment Strategy | Insights Blog
Key Factors in Asset Allocation Decisions for Endowments
There are several broad subjects that an effective investment policy statement (IPS) should include in its contents and address clearly and specifically as they relate to an endowed institution. This...
AI's Productivity Payoff Is Here