Yale's real estate portfolio allocated 80% to 90% to sector specialists
Alan Forman · Alan Forman – Yale Endowment Real Estate (EP.340) · Sep 25, 2023 · at 38:24
Alan Forman, former Director of Real Estate at the Yale Investments Office, discusses Yale's allocation strategy between specialized and generalist real estate fund managers with Ted Seides.
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“I'd say the portfolio was probably 80 to 90% specialists, and we just thought being really good at one thing was the way to go, and a lot of the companies were vertically integrated, and they had an ability to add value and do it all themselves.”
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