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September 18, 2008
Yale Endowment Results: Trails Harvard for First Time
While Yale won't announce its endowment performance results for a few months yet, a Yale paper has initial figures on it, and it looks a little weaker than expected. David Swensen has apparently managed to eek out single-digit returns, but lags Harvard for the first time in years. We don't know yet whether it's high or low single-digits -- and either is admittedly way outpacing the market -- but this will be interesting to watch.
More here.
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