Princeton’s Approach to Endowment Investing

Jim Millar of Princeton University Investment Company discusses how the school invests its $21B endowment, including its $5-6B private equity allocation. Millar highlights their investment strategy, the merits of being a large endowment, how alumni networks can aid investment decisions, and why a concentrated roster of GPs works best.

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Princeton’s Approach to Endowment Investing

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