Andrew K. Golden
Encyclopedia
Andrew K. Golden is President of the Princeton University
Princeton University
Princeton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution....

 Investment Company which manages the university's financial endowment
Financial endowment
A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust....

. According to a report in the Daily Princetonian, the endowment earned a 5.6 percent return for the 12 months ended in June 2008, growing from $15.8 billion to $16.4 billion.

Golden cites "unusually volatile" markets as the cause for the steep decline. He has not given an updated figure since the end of Fiscal Year 2007/2008.

Before joining Princeton in 1995, Golden worked with David Swensen
David Swensen
David F. Swensen has been the Chief Investment Officer at Yale University since 1985. He is responsible for managing and investing the University's endowment assets and investment funds, which total $19.4 billion...

 as an intern and then as Portfolio Manager at Yale's Investment Office from 1988 to 1993. Golden's investment approach is based on "challenging conventionality."

Golden earned his bachelor's degree from Duke University
Duke University
Duke University is a private research university located in Durham, North Carolina, United States. Founded by Methodists and Quakers in the present day town of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco industrialist James B...

 and his master's degree from Yale School of Management
Yale School of Management
The Yale School of Management is the graduate business school of Yale University and is located on Hillhouse Avenue in New Haven, Connecticut, United States. The School offers Master of Business Administration and Ph.D. degree programs. As of January 2011, 454 students were enrolled in its MBA...

 in 1989. Golden also holds the Chartered Financial Analyst
Chartered Financial Analyst
The Chartered Financial Analyst Program is a graduate level self-study program offered by the CFA Institute to investment and financial professionals...

 designation.

Golden's brothers, Dr. Robert N. Golden and Jeffrey Golden, are also leaders in their chosen fields, with Robert the Dean of the Medical School at the University of Wisconsin School of Medicine and Public Health
University of Wisconsin School of Medicine and Public Health
The University of Wisconsin School of Medicine and Public Health is a professional school for the study of medicine and public health at the University of Wisconsin–Madison.- History :...

and Jeffrey a lawyer.
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