College Investments

[Name Removed] made this Freedom of Information request to Newnham College, Cambridge This request has been closed to new correspondence. Contact us if you think it should be reopened.

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Dear Newnham College, Cambridge,

This is a formal request under the Freedom of Information Act 2000.

Could you please provide:

(1) A list of companies which the College holds stocks and shares in, specifying how many shares are held and the approximate value of the shareholding.

(2) A list of exchange traded funds, private equity funds, mutual funds, index funds, commodities, hedge funds, and bonds that the college has investments in, including the approximate value of each.

(3) in the case of any indirectly held or fund-based investments a breakdown of the companies invested in through the fund, including the percentage of the total fund made up by each holding.

(4) a list of properties that the college has investments, including the approximate value of each.

(5) A list of any other investments the college holds, including the approximate value of
each.

If you are to invoke Section 43 to withhold information in relation to any of these questions please note you must provide details of the exact FOIA exemption, details of who would be prejudiced by this information, and a public interest test justifying a conclusion with arguments for and against the release of the information.

If you are to invoke Section 12 to withhold information in relation to any of these questions please provide details of how locating, retrieving and extracting this information would exceed the appropriate limit of £450 as set out in the Freedom of Information and Data Protection (Appropriate Limit and Fees) Regulations 2004. Please also be aware of your duty under section 16 (1) of the Act to advise and assist me in narrowing my request to bring it within the appropriate limit.

Thank you very much for your assistance with this request. If you would like any clarification on the information I have asked for, please don’t hesitate to get in touch. I look forward to receiving your response in the next 20 working days.

Could you also kindly confirm upon receipt of this email.

Yours faithfully,

[Name Removed].

Dear Newnham College, Cambridge,

Under the Freedom of Information Act public authorities are required to respond to requests no later than 20 working days. The Act makes this clear:

“a public authority must comply with section 1(1) promptly and in any event not later than the twentieth working day following the date of receipt.”

The Information Commissioner’s Office makes it clear about when a request has been received by an authority and when the time starts for them to respond.

The 20 working day clock starts:
- According to section 10(1) the time limit for compliance is the twentieth working day following the date of receipt.
- Or, the day the authority receives further information it reasonably requires in order to identify and locate the information requested; section 1(3).
- A request is received when it is delivered to the public authority, or when it is delivered to the inbox of a member of staff. The date of receipt is not the date the request is passed to the appropriate person for processing.

As such, you should have provided the following information by the 20th of September:

Could you please provide the following as soon as possible:

(1) A list of companies which the College holds stocks and shares in, specifying how many shares are held and the approximate value of the shareholding.

(2) A list of exchange traded funds, private equity funds, mutual funds, index funds, commodities, hedge funds, and bonds that the college has investments in, including the approximate value of each.

(3) in the case of any indirectly held or fund-based investments a breakdown of the companies invested in through the fund, including the percentage of the total fund made up by each holding.

(4) a list of properties that the college has investments, including the approximate value of each.

(5) A list of any other investments the college holds, including the approximate value of
each.

Yours faithfully,

[Name Removed]

Lawrence, Christopher (Bursar), Newnham College, Cambridge

1 Attachment

Dear [name removed]

1. N/A

2. As follows:
£5.5m in the Cambridge University Endowment Fund
£5.3m with Partners Capital
£4.0m with the Charities Property Fund
£0.5m in the Cambridge University Feeder Fund
£45.2m with State Street Global Advisors
£32.5m with Baillie Gifford

3. See attached.

4. As follows:
Property 1, Cambridge, residential, £2.93m
Property 2, Cambridge, residential, £25k
Property 3, Canterbury, retail, £490k
Property 4, Weybridge, retail, £80k

5. N/A.

Yours sincerely

Christopher Lawrence
Bursar
Newnham College
Sidgwick Avenue
Cambridge
CB3 9DF

Registered Charity No.1137512

show quoted sections

Lawrence, Christopher (Bursar), Newnham College, Cambridge

1 Attachment

Dear [name removed]

1. N/A

2. As follows:
£5.5m in the Cambridge University Endowment Fund
£5.3m with Partners Capital
£4.0m with the Charities Property Fund
£0.5m in the Cambridge University Feeder Fund
£45.2m with State Street Global Advisors
£32.5m with Baillie Gifford

3. See attached.

4. As follows:
Property 1, Cambridge, residential, £2.93m
Property 2, Cambridge, residential, £25k
Property 3, Canterbury, retail, £490k
Property 4, Weybridge, retail, £80k

5. N/A.

Yours sincerely

Christopher Lawrence
Bursar
Newnham College
Sidgwick Avenue
Cambridge
CB3 9DF

Registered Charity No.1137512

show quoted sections