FYI: For a long time, the fund managers at Yale’s endowment were the industry's gold standard. Inevitably, as in so many things Ivy, this was noticed by rival Harvard. The so-called Yale Model, developed by David Swensen and his colleague Dean Takahashi, was rich with alternative investments, private equity, commodities and real estate and other items that weren't plain vanilla stock and bond investments.
Regards,
Ted
http://www.bloombergview.com/articles/2014-09-17/harvard-should-copy-calpers-not-yale
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