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What does the termination of the Commonfund Short Term Fund mean to Wesleyan?

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What does the termination of the Commonfund Short Term Fund mean to Wesleyan?

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Wesleyan is one of many colleges and universities that participate in the Commonfund Short Term Fund. Schools use the fund for short–term investments. Our cash flow strategy, together with the Fund’s ongoing liquidation and distribution plan, will provide adequate liquidity to cover expenses throughout the year.

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