Annual Reports
Each annual report includes a letter from the CIO and Investment Committee chair, detailed performance information, and an update on the current policy portfolio. Information is also provided on asset class level performance and performance relative to benchmarks. In more recent years we have included sections on impact investing, DEI (diversity, equity, and inclusion), and how the endowment supports the college.
Special topics, interviews, or spotlights are listed next to each report.
2024 Annual Investment Report
Fall 2024 Williams Magazine
→ Interview with Chief Investment Officer Abigail Wattley
2023 Annual Investment Report
→ Interview with Collette Chilton, the college’s first chief investment officer
2022 Annual Investment Report
→ Impact Investing
→ Student Programs, including interviews with Ricardo Torres-Garzon ’23 and Anna Soybel ’11
2021 Annual Investment Report
→ Spotlight on venture capital
→ “Investing for Young People” — an interview with May Ng ’92
2020 Annual Investment Report
→ Spotlight on hedge funds
→ “Why I Serve” — an interview with Jenny Heller ’00
2019 Annual Report
→ A look inside our Winter Study Class by Managing Director Abigail Wattley
2018 Annual Report
→ Manager Access
→ How We Invest – Asset Allocation
→ How We Invest – Manager Selection and Investment Relationships
2016 Annual Report
→ Ten Years
2015 Annual Report
→ Adding Value (Manager Selection and Diversification)
→ Liquidity Matters
2014 Annual Report
→ How the Policy Portfolio is Determined
2013 Annual Report
→ Adding Value Through Manager Selection
→ Student Programs
>2012 Annual Report
→ The Work of the Williams College Investment Office
→ What is Williams’ Edge?
2011 Annual Report
→ Careful Stewardship of Williams Assets
→ Student Programs
2010 Annual Report
→ The Policy Portfolio Has Served Williams Well
→ Our Liquidity Sets Us Apart
2009 Annual Report
→ A Careful Liquidity Position
→ A Word About Expenses
→ Endowment Model