Firms raised more than $260 billion worldwide just this year from big money managers like pension funds and university endowments.

Targeted clients, he said, are pension systems and university endowments.

Big players like university endowments and very rich family funds get in on them all the time.

Industries, university endowments, local banks and even city governments were the prime investors in the war bonds.

Harvard has the largest university endowment in the world.

Still, university endowments have benefited enormously from the stock market's rise over the last decade.

On a per-student basis, Princeton has the largest university endowment in the world.

Another trillion dollars in pension funds and university endowments is now no longer there.

Farallon made a name for itself by being one of the first firms to raise money from a university endowment.

The university endowment increased from $83.2 million to $521.9 million during his presidency.