Yale Enlists Endowment Chief to Help Develop New Asset Managers
- David Swensen will teach in school’s new master’s program
- Asset management industry under pressure as index funds reign
Yale University campus.
Photographer: Craig WargaThis article is for subscribers only.
Yale University is enlisting the help of longtime Chief Investment Officer David Swensen as it seeks to develop the next generation of asset managers.
Swensen, who has run Yale’s $29.4 billion endowment since 1985, will teach in the Ivy League school’s new master’s program focused on asset management. The one-year program is scheduled to start in the 2020-2021 school year with an initial class of 20 to 25 students, Tobias Moskowitz, program director and a Yale School of Management professor, said in an interview. Tuition and fees will be $75,000.