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This content is available to PrivateEquityCareer.com members who have paid for access. Please visit our membership page if you would like to become a member and super-charge your career.
This content is available to PrivateEquityCareer.com members who have paid for access. Please visit our membership page if you would like to become a member and super-charge your career.
This content is available to PrivateEquityCareer.com members who have paid for access. Please visit our membership page if you would like to become a member and super-charge your career.
This content is available to PrivateEquityCareer.com members who have paid for access. Please visit our membership page if you would like to become a member and super-charge your career.
David Swensen, the chief investment officer of Yale University from 1985 until his death earlier this week at age 67, led a generation of money managers headlong into alternative assets such as hedge funds, real estate, timber and private equity.
Yet the co-creator of the influential “Yale Model” of investing was no cheerleader for private equity. In his book “Pioneering Portfolio Management” Swensen offers one of the most scathing assessments of the asset class ever written.
Continue reading “Why David Swensen was skeptical about buyout returns: Corrected”
This content is available to PrivateEquityCareer.com members who have paid for access. Please visit our membership page if you would like to become a member and super-charge your career.