FT商学院

Private equity is a test that university endowments risk flunking
Lex专栏:大学捐赠基金可能需要告别“耶鲁模式”

Elite private colleges have used the ‘Yale model’ to great success but that approach now seems questionable
精英私立大学将大笔资金投入非流动性的另类投资,取得了巨大成功,但这种做法现在似乎值得怀疑。

Call it a case of senioritis for Andrew Golden. The Princeton University endowment chief is retiring from his post after three decades. As he departs, the school’s allocation to private equity including venture capital has crept up to 40 per cent.

就当是安德鲁•戈尔登的毕业倦怠吧。这位普林斯顿大学捐赠基金负责人在任职30年后即将退休。在他离开之际,该学院对私人股本(包括风险资本)的配置已攀升至40%。

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