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Yale University Discounts $2.5 Billion in Private Equity Assets, Sparking Donor Anxiety
2 week ago /
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Author：小编
Under the codename "Project Gatsby," Yale University's endowment fund is selling $2.5 billion worth of private equity assets at a discount. This move exemplifies the late investment guru David Swensen's strategy of "decreasing stocks and bonds, embracing illiquid assets," and has garnered significant attention. The sale signifies a substantial realignment in Yale's endowment fund's asset allocation, potentially having far-reaching implications.
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