Yale’s Famed Investing Model Fails at a Fraught Time for Colleges

Yale’s famed investing model worked until it didn't — colleges across the country had copied the Ivy League school’s bets on private equity and other illiquid investments. But now plain...

By Bloomberg Markets · Bloomberg Markets

Yale’s famed investing model worked until it didn't — colleges across the country had copied the Ivy League school’s bets on private equity and other illiquid investments. But now plain old stocks and bonds are outperforming. Janet Lorin explains (Source: Bloomberg)