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U. of Texas Changes Bonus Plan for Endowment Managers

U. of Texas Changes Bonus Plan for Endowment Managers
August 21, 2009

The University of Texas, which has been criticized for multi-million dollar bonuses for some endowment managers, has revised its system for paying the bonuses, Bloomberg reported. The new plan limits bonuses in good years and also cuts payouts when the endowment loses money.

 

 

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