It has been an eventful week, and it's easy to fall behind. Here are the 10 most important reads of the week.

20 Largest Private Foundations In America - Part I. Private foundations, given their charitable orientation, are often overlooked in the competitive arena of investing. However, these firms control vast fortunes that are strategically deployed to enact social influence over a long duration -- often in perpetuity. In part one of Top 20 Private Foundations In America, Trusted Insight profiles 10 prominent multi-billion-dollar charitable organizations established by the founders of America’s largest and oldest companies of the modern age, such as Microsoft, Intel, Hewlett and Packard and Ford Motor Company. Here’s what they do and how they manage their money.

Most Rich Families Will Lose It All. About seven in 10 wealthy families lose their fortune by the second generation, according to a study of more than 3,200 high-net worth families by the Williams Group wealth consultancy.

Endowment Dollars Traced To Tobacco, Oil And Private Prison Companies. In 2015, Ohio University banned the use of tobacco products on its Athens campus. Despite that, money invested in one of the world's largest tobacco companies can be traced to the university's endowment fund.

A Big-Name Hedge Fund Manager Is Shutting Down A Key Fund. San Francisco-based multi-billion dollar hedge fund is shutting down its long-short equity fund, which managed about $833 million.

Asset Manager ‘Size Is The Enemy Of Returns’ | Exclusive Q&A With Scott Wilson, CIO, Grinnell College. Scott Wilson is the chief investment officer for Grinnell College. In this role, Wilson evaluates global investment themes and strategies within equities, fixed income, real assets, private equity, venture capital, and marketable alternatives, including portfolio overlay and hedging options. In this interview, Wilson discusses how his previous experience working in Tokyo shaped his investment philosophy, Grinnell College’s investment strategy and why the endowment is focussing on niche managers.

Billionaires Stephen Ross And Jorge Perez: Masters Of Real Estate | Video. An interview and Q&A with real estate billionaires, Stephen Ross and Jorge Perez. Both men discuses how they got started in real estate and what made them successful. They also talk about the qualities needed to be successful in real estate as well as affordable housing, finance and immigration.

Sequoia Capital Concludes Secondary Stake Sale At $180M. Sequoia Capital has reportedly concluded a $180 million secondary stake sale of eight of its portfolio companies to Madison Capital, as per a TOI report. This comes at time when the venture fund is looking to consolidate its holdings, as per sources close to the development.

Crispin Odey, Down 33.7% Year Over Year, Feels Lonely. The turbulence in Crispin Odey's performance continued in March, with the OEI Mac hedge fund run by England's wealthiest individual losing -3.9% on the month, bringing the year-over-year performance to -33.7%.

Venture Capitalists Pour Money Into Cannabis Industry. Silicon Valley investors are known for pouring money into risky bets like flying cars and asteroid mining. Now, a handful are diving into one of the few industries that makes most of their peers squeamish.

How To Manage With Ben Horowitz | Video. Ben Horowitz, co-founder of Andreessen Horowitz and Opsware, discusses this important management perspective that founders miss, with, of course, the gratuitous rap lyric or two sprinkled in.