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Yale Fund Rises 8.9%, Smallest Return in Ivy League

Yale University, whose endowment strategy is a model for U.S. schools, said its investments rose 8.9 percent, trailing Harvard University and the three other Ivy League funds that have reported returns for the past year.

The endowment’s value increased 2.5 percent to $16.7 billion as of June 30, including $136 million in donations and $1.1 billion in distributions to the New Haven, Connecticut, university, according to a letter posted today on its website. The fund peaked at $22.9 billion in June 2008 before plunging 25 percent in the next 12 months.