Word: griswald
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Dates: during 1990-1999
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...John S. Griswald, senior vice president of Common Fund, a cooperative that manages the endowments of several hundred universities and independent schools, says this diversity is not uncommon in holding companies...
...There are companies which are diverse and are very successful," Griswald says...
...Griswald concurs, saying, "the purpose of an endowment is to create a permanent capital for an institution. A university adopts any strategy that can further these aims...
...Harvard is probably unusually capable of judging," Griswald says. "It depends on the company. Acquiring a company is not intrinsically taking a risk...