The Yale Investments Office reported its highest rate of return in over two decades today, as the endowment was up 40.2% for the year ending June 30.
The now $42.3 billion endowment fund’s annualized gains were the third highest since 1970, and marks yet another university investment office celebrating alternative investment success despite the economic challenges posed by COVID. Last year’s return was 6.8%.
The report comes as the industry mourned David Swensen, Yale’s longtime CIO, Continue Reading
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