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Yale’s Endowment Gains 1.8%, But Badly Lags S&P 500

Por: MarketWatch Business October 11, 2023

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At $40.7 billion, Yale has the third-largest university endowment behind the University of Texas and Harvard University, and had been a pacesetter under the longtime leadership of David Swensen, who died in 2021.  The so-called Yale model developed by Swensen emphasized alternative assets like venture capital, private equity and hedge funds and shunned U.S. stocks, which have made up less than 3% of Yale’s endowment. Swensen’s view was that... + full article



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