Private equity funds fail to make the grade for Yale endowment

Yale KeyThe Financial Times has published a new article on the so-called “Yale Model” of investing. I recommend it, in no small measure because I’m quoted a fair amount. This one, for example:  

“The evidence is pretty clear that unless you have the ability and the resources that Yale does, it is problematic to expect that you could get the level of performance that Yale has.”
 
I encourage you to read the entire article.

Private equity funds fail to make the grade for Yale endowment

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