Yale Investment Management must decide whether to continue to provide most of the donations to the University of illiquid investments - hedge funds, private equity funds, real estate and so on. Considers the risks and benefits of different asset allocation strategies. Highlights of choosing between different places, eg, between venture capital and leveraged buyout. "Hide
by Josh Lerner Source: Harvard Business School 26 pages. Publication Date: September 30, 2003. Prod. #: 204055-PDF-ENG