93%

April 10, 2016

Yale’s 2015 endowment update is (finally) out.  Always a fun read, and this year they dive into their successful PE investment program.

Quote, allocation, then download:

—-“Over the past twenty years, the venture capital program has earned an outstanding 92.7% per annum.”

—-

Download PDF

Also, a bonus paper from Mladina on replicating the Yale endowment with public indexes and a little leverage.

Website

http://investments.yale.edu

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