Emerging Manager Insights
Yale's fellowship program offers emerging managers a unique opportunity for growth, providing mentorship and access to a network of like-minded investors without demanding an economic stake. However, the journey is fraught with challenges, as historical data suggests that many will face failure, with only a few graduating to core portfolios. The experience of Texas ERS highlights the potential for success, indicating that perseverance and strategic alignment with Yale could significantly enhance a manager's chances of thriving in the investment landscape.In this clip
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