Yale’s $2.5 Billion Private Equity Sale Tests Its Vaunted Endowment Model

Yale’s $2.5 Billion Private Equity Sale Tests Its Vaunted Endowment Model

Yale University’s $41 billion endowment, led for decades by the late investing giant David Swensen, has been the envy – and the blueprint — for many US universities eager to secure their financial future.

Yale nears deal to sell $2.5 billion of private equity stakes, Bloomberg News reports

Yale nears $2.5bn secondary sale of PE and VC stakes - Private Equity Wire

Yale University is close to finalising a major secondary sale of private equity and venture capital interests valued at up to $2.5bn, marking one of the largest GP-led secondary processes seen in recent months, according to a report by Bloomberg News. The transaction – internally dubbed “Project Gatsby” – comes as institutional investors continue to recalibrate private market exposures. The report cites unnamed sources familiar with the mater as…