Yale ups private equity allocation after poor 2009
The Yale Endowment, the $16.3 billion LP for Yale University, decided in July 2009 to up its private equity commitment level from 21% to 26% of its portfolio, despite a 24.3% loss on the asset class over 2009.
The figures, published in the 2009 issue of the Endowment's report, come against a 24.6% fall in the total value of the Endowment from its 2008 level, as most asset classes suffered in the global financial...
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