Trademark Royalty Securitization Deal with Vanderbilt University

In 2019, Global Capital gave Goldman Sachs an award for most innovative securitization deal.  The deal concerned the securitization of royalty payments from a license between Vanderbilt University and Vanderbilt University Medical School.  The deal apparently provided Vanderbilt University funding raising its endowment by 30%.  More details are available, here, in an article by Max Adams.  In 2018, Vanderbilt University had an endowment around US $4.6 billion.