Deals
Yale Endowment's Casting Call Says ‘All Inquiries Are Welcome!’
- Money managers are invited to pitch, investment report says
- Yale criticizes Buffett for overselling passive investing
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If you think winning a seat in Yale University’s freshman class is hard, try becoming a money manager for the school’s $27 billion endowment.
Yale’s investment office, run by David Swensen for more than three decades, said in its annual report that it scours all kinds of sources -- even social media -- to find outside managers who are key to its long-term success. All are welcome to apply. Few make the cut.