The best way to decline fund managers is citing unchangeable structural constraints
Alan Forman · Alan Forman – Yale Endowment Real Estate (EP.340) · Sep 25, 2023 · at 18:01
Alan Forman discusses lessons learned from legendary Yale Chief Investment Officer David Swensen on how to efficiently say no to prospective fund managers.
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“One thing I learned from David was there are certain things that managers can't respond to in a way that would change the outcome, and if you could come up with examples where there's nothing they can do about what their structure is, then you have an easy way out.”
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