Why is Yale’s Endowment Liquidating Its Private Equity Portfolio?
By Jen Saarbach & Kristen Kelly, Co-Founders of The Wall Street Skinny When you learn about institutional investors, you’re bound to come across the “David Swensen” or “Yale Endowment” model. David Swensen, the former CIO of Yale’s Endowment, pioneered the asset-class based allocation theory that many capital allocators still use today. And now, we’re seeing […]