David Swensen, chief investment officer at Yale University, sees $ 6 billion endowment strategy that sets an unusually strong focus on private equity and other illiquid securities. Changing market conditions in November 1997, will force it to reconsider the historically successful approaches. Rewritten version of the previous case. "Hide
by Josh Lerner Source: Harvard Business School 25 pages. Publication Date: Dec 02, 1997. Prod. #: 298077-PDF-ENG