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  • The ???Swensen model??? ??? or ???Yale model,??? as it is sometimes known ??? emphasizes investing in alternative assets, including private equity, real estate, gas, timber and other ???illiquid assets.??? Yale racked up endowment gains of up to 41 percent in previous years under Swensen???s guidance, and returns of 20 percent or more became routine for the University in the years leading up to th
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