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Pimco’s Gross Says Harvard, Yale May Need to Alter Investments

Bloomberg – Yale University and Harvard University may have to cut investments in hedge funds and private equity because the risks of holding the hard-to-sell assets outweigh the returns, said Bill...

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Penn fund lost, but other Ivies lost more

Philadelphia Inquirer – The University of Pennsylvania’s endowment fund lost a lot less than other big Ivy League schools during the grim financial year ended June 30. That’s a switch for the better at...

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