Many endowments and foundations have adopted the "Yale model" of investing in illiquid 'Alternatives' as an asset class. Private equity is often at the heart of this strategy. https://t.co/VU6b70v5hf
@johnarnold Admire your work on this topic. I've been consistent in my feelings about commercial DAFs, https://t.co/jiD526ww0O
First 1:20 and then from 3:40 on. From Sept. 2000.
Community foundations are quarreling over whether they would be helped or hurt by a bill that would impose sweeping changes in the way donor-advised funds work. https://t.co/3i3toIQMy2
Columbia University’s endowment returned 32% in the fiscal year ended in June, lagging behind Ivy League schools including Harvard and Yale https://t.co/BzUsNJyhdH