Bloomberg – Yale University, the second- wealthiest college, may increase its holdings of hedge funds after cutting them last year and shifting into cash, according to a report from the investments office run by David Swensen.
Yale, whose $19.3 billion endowment is second in size only to Harvard University’s, may boost hedge fund investments to 18 percent of its portfolio after cutting them to 14.5 percent in the year that ended in June, according to the report posted to the investments office website. The university also increased its target for private equity and real estate holdings.
