[lbo-talk] who won't be protesting Wall Street

Doug Henwood dhenwood at panix.com
Wed Oct 5 13:32:15 PDT 2011


[from Yale's 06520 blog]

http://www.yalealumnimagazine.com/blog/?p=11581

However bad the rest of the world’s economy looks, it was not a bad year for Yale: the university reported today that its endowment made a return of 21.9 percent in the year ending June 30. Yale ended the year with an endowment worth $19.4 billion, $2.7 billion more than last year.

The 21.9 percent return is Yale’s best since fiscal 2006–07, when the endowment earned 28 percent. The university has now recovered nearly half of the losses it suffered in the 2008 economic collapse, when a quarter of the endowment’s value disappeared.

Other schools with large endowments have reported similar results for the year: MIT returned 17.9 percent and Stanford 19.5 percent. Oh, and Harvard? We win in a squeaker: the Crimson funds returned 21.4 percent.

More details, including a breakdown of how Yale’s different asset classes performed, in Yale’s press release.



More information about the lbo-talk mailing list