Yale's Investment Strategy
Yale has historically positioned itself as an early investor in many successful funds, prioritizing a structure that avoids outside ownership. Instead of taking a slice of the economics, they negotiate preferential fees, which has proven advantageous. In the early nineties, Yale implemented cost of capital hurdles for hedge fund managers, aligning interests and ensuring reasonable fee structures in a competitive market.In this clip
From this podcast
Capital Allocators – Inside the Institutional Investment Industry
Deep Dive into Hedge Funds (Capital Allocators, EP.34)
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