<ul data-eligibleForWebStory="false"><li>Yale University's endowment fund, once modest, has grown to $41 billion under the stewardship of David Swensen.</li><li>David Swensen became Chief Investment Officer in 1985 when Yale's endowment was $1.3 billion; he transformed the investment strategy to focus on long-term gains.</li><li>Swensen emphasized partnerships with elite managers, actively rebalanced the portfolio, and saw Yale's endowment rise to $42.3 billion with annualized returns of around 13%.</li><li>Yale's success under the 'Yale Model' established by Swensen has been emulated by other institutions and admired by Wall Street.</li></ul>

From Yale to WallStreet

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