Delawaredave5
Full time employment: Posting here.
- Joined
- Dec 22, 2004
- Messages
- 699
Swensen was the darling of endowment management - had a very non-traditional portfolio heavy in private equity, RE, and natural resources. He's still probably outperforming all the others - but taking some his himself for a change...
Yale Endowment Posts a 25% Loss - WSJ.com
Yale University, blaming its big bets on real estate and commodities, said its endowment had an investment loss of 24.6% in the year ended June 30.
The Ivy League school said its endowment fell to $16.3 billion -- a total that included investment losses of $5.6 billion, spending for the university's budget of $1.2 billion, and gifts and other adjustments of $200 million. The endowment was valued at $22.9 billion on June 30, 2008. Yale had previously reported the approximate decline in the size of its endowment -- but not its annual investment return.
Yale Endowment Posts a 25% Loss - WSJ.com
Yale University, blaming its big bets on real estate and commodities, said its endowment had an investment loss of 24.6% in the year ended June 30.
The Ivy League school said its endowment fell to $16.3 billion -- a total that included investment losses of $5.6 billion, spending for the university's budget of $1.2 billion, and gifts and other adjustments of $200 million. The endowment was valued at $22.9 billion on June 30, 2008. Yale had previously reported the approximate decline in the size of its endowment -- but not its annual investment return.