Druckenmiller Says Alternatives Fueled Bowdoin's 14.4% Gain

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  • Fund helped by decline in oil, currencies, Druckenmiller says
  • Endowment is led by Paula Volent, protege of Yale's manager

Bowdoin College’s endowment return of 14.4 percent -- the best among schools so far this year -- was fueled by a portfolio built around top-performing private equity and hedge funds, said Stanley Druckenmiller, a longtime investment committee member.

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