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How California pensioners pulled one over on Yale’s investors
semafor.com/article/07/15/2025/how-california-pensioners-pulled-one-over-on-yales-investors
The Scoop
California retirees just picked the pocket of one of the smartest investors on Wall Street.
When Yale’s $41 billion endowment sold billions of dollars of stakes in private investment funds last month, the usual players lined up to split the spoils: Blackstone, HarbourVest,…
This story appeared on semafor.com, 2025-07-15 17:37:43.