Texas Tech University submits
Investment Reports to the State of Texas. Something odd happened in late 2010 and early 2011, at least report wise. Carr funds plummeted from nearly $80 million to less than $1 million for at least four months.
What happened during that period for total ASU Carr Trust funds to be so low? ASU's
investment reporting sheds but a little light on the question.
It would've been understandable to see such precipitous drops in a financial meltdown. Two years after seems odd.
Carr recovered to over $90 million. ASU's Presidential recruitment materials indicate the Carr Trust is over $100 million, good news for students who need financial assistance.
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