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Yale sells up to $6B of its PE portfolio amid federal funding challenge

42 pointsby themgt28 days ago

8 comments

k-i-r-t-h-i28 days ago
Seems like that might be close to 25% of their alt investments. This sounds rather serious.<p>&gt; the endowment’s value increased to $41.4 billion on June 30, 2024, up from $40.7 billion on June 30, 2023<p><a href="https:&#x2F;&#x2F;news.yale.edu&#x2F;2024&#x2F;10&#x2F;25&#x2F;yale-reports-investment-return-fiscal-2024" rel="nofollow">https:&#x2F;&#x2F;news.yale.edu&#x2F;2024&#x2F;10&#x2F;25&#x2F;yale-reports-investment-ret...</a><p>&gt; Yale’s investment strategy depends heavily on alternative investments. As of 2019, they made up about 60 percent of Yale’s portfolio.<p><a href="https:&#x2F;&#x2F;yaledailynews.com&#x2F;blog&#x2F;2022&#x2F;10&#x2F;24&#x2F;yales-endowment-explained&#x2F;" rel="nofollow">https:&#x2F;&#x2F;yaledailynews.com&#x2F;blog&#x2F;2022&#x2F;10&#x2F;24&#x2F;yales-endowment-ex...</a>
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0hijinks28 days ago
As all eight Ivy Leagues collectively received this amount in funding in 2024, it would appear that Yale is planning for a longer-term drought.<p>Aside, I tried to copy the <i>title</i> to search for context about this elsewhere:<p>&gt;&gt; <i>To be able to copy &amp; paste content to share with others please contact us at subscriptions@pei.group to upgrade your subscription to the appropriate licence</i><p>Well, that&#x27;s... something. No ma&#x27;am, I don&#x27;t think I will.
declan_roberts28 days ago
Really that money should be going to any student from Yale with a student loan balance.
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kennyadam28 days ago
Friction-free viewing link: <a href="https:&#x2F;&#x2F;archive.ph&#x2F;l8Zqz" rel="nofollow">https:&#x2F;&#x2F;archive.ph&#x2F;l8Zqz</a>
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iJohnDoe28 days ago
I don’t know much about this stuff, so probably a silly question. Why the heck would Yale or Harvard need so much federal funding?<p>For how much students pay and how many wealthy donors they have, why are tax payers funding Yale?<p>This is probably one of the rare times I support a funding cut.
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munchler28 days ago
PE = private equity?
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nsxwolf28 days ago
Seems like they have enough money for anything.
arandomusername28 days ago
Trump really does seem like an Israeli first president. Soon enough the only people his administration will be deporting are students critical of Israel