Yale to Name Campus Tower in Honor of Endowment Manager Swensen

Yale University will rename a campus tower for endowment manager David Swensen at the request of donors who gave $25 million for the building’s restoration.

Swensen, 61, the university’s chief investment officer since 1985, has “redefined the model for institutional investing,” the university said in a statement. Yale has a $23.9 billion endowment, which has grown more than 15 times in value under Swensen’s management, the school said. It’s the third largest among all universities.