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Indian endowment fund in 'version 2.0', to focus on asset-building

The CEO of a premier Indian business school's endowment fund explains how the fund is now in 'version 2.0' as it set its sights on bulking up its funding commitments, which should help to plot its investment strategy later on.
Indian endowment fund in 'version 2.0', to focus on asset-building
The initial groundwork to set up an Indian management institute's endowment fund is complete, and focus will now shift on increasing the financial commitments for the fund, which should help with drafting more thoughtful investment strategies later on, the top executive of the fund said. 'The first level of work has happened and we are now at what I consider is ‘endowment 2.0’,” Chhavi Moodgal, CEO of the Indian Institute of Management Ahmedabad (IIM-A) Endowment Fund, told AsianI…
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