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University endowment models: A tale of two missions

University endowment models: A tale of two missions It is not often that the death of a university employee is a lead story in the Wall Street Journal’s business section. That honour went last weekend to David F Swensen, the creator of what came to be known as the Yale Model. This was not an academic programme like the Dalton Plan or some exquisite combination of theory and practice, but the diversified investment strategy that in 35 years took Yale’s US$1 billion endowment to US$31 billio...
United States Alan Ruby Davidf Swensen Yale College Wall Street Journal Dalton Plan

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