The Yale endowment, one of the largest of its kind and pioneer of the alternative investment heavy strategy now so popular across the industry, has increased its allocation to venture capital to 19% as of June 2018. This continues a trend of increased emphasis on venture capital strategies. The allocation to venture capital has risen sharply from the 13.7% weighting seen in 2014.

Perhaps unsurprisingly, we share the endowment’s bullish assessment of venture capital as an asset class. Therefore, we hope this development encourages more investors to consider venture capital allocations for their portfolios.

Finally, you can read a Bloomberg News Network piece on the changes to the Yale portfolio at the link below.