Yale's Investment Strategy
Yale has historically positioned itself as an early investor in many successful funds, emphasizing a preference for negotiating better fee structures rather than taking equity stakes. By imposing cost of capital hurdles on hedge fund managers in the early nineties, Yale encouraged more reasonable fee arrangements, ensuring alignment with their investment philosophy and enhancing overall economics. This approach has proven to be highly effective over the years.In this clip
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Capital Allocators – Inside the Institutional Investment Industry
REPLAY - Ted Seides - Deep Dive into Hedge Funds (Capital Allocators, EP.34)
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