Publications
Publications
- January 2007 (Revised March 2011)
- HBS Case Collection
Yale University Investments Office: August 2006
By: Josh Lerner
Abstract
The Yale Investments Office must decide whether to continue to allocate the bulk of the university's endowment to illiquid investments--hedge funds, private equity, real estate, and so forth. Considers the risks and benefits of a different asset allocation strategy. Highlights the choice between different subclasses, e.g., between venture capital and leveraged buyout funds.
Keywords
Higher Education; Asset Management; Financial Management; Financial Strategy; Investment Portfolio; Risk Management
Citation
Lerner, Josh. "Yale University Investments Office: August 2006." Harvard Business School Case 807-073, January 2007. (Revised March 2011.)