Yale's Endowment Tops Harvard's With 21.9% Gain
(Reuters) - Yale University's endowment earned a 21.9 percent investment return last year with foreign stocks and private equity investments fueling gains, the Ivy League school said on Wednesday. The elite school said the endowment value rose to $19.4 billion, making it one of the richest in the world. Due to large bets on private investments, real estate and hedge funds, the New Haven, Connecticut-based school put up slightly better returns than arch rival Harvard, which reported a 21.4 percent investment gain. Harvard's endowment remains much larger, however, at $32 billion.
29 September 2011•1 min read
