PHILADELPHIA

Philadelphia Finance

UPenn Endowment Value Grew by $7 Billion in 2026

UPenn Endowment Value Grew by $7 Billion in 2026

The University of Pennsylvania reported a 27.4% return on its endowment and a $636 million operating surplus.

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Should the federal government levy higher excise taxes on the investment income of large university endowments?


Corporate Finance

Corporate Finance

Datavault AI Approved Rights Offering for Shareholders

The Philadelphia-based company has finalized plans to raise capital through a new subscription rights offering.