Yale Investments Office
The Investments Office manages Yale’s Endowment and certain related assets.
Mr. Swensen manages the university’s more than $27 billion in Endowment assets and several hundreds of millions of dollars in other investment funds.
Under his stewardship during the past thirty-two years the Yale Endowment generated returns of 13.5 percent per annum, a record unequalled among institutional investors. He leads a staff of thirty-two. Prior to joining Yale in 1985, he spent six years on Wall Street, where his work focused on developing new financial technologies. He is the author of Pioneering Portfolio Management: An Unconventional Approach to Institutional Investment and Unconventional Success: A Fundamental Approach to Personal Investment. He teaches students in Yale College and in the School of Management, is a fellow of Berkeley College, an incorporator of the Elizabethan Club, and a fellow of the International Center for Finance. He has won numerous awards including: in 2012, the Yale Medal for outstanding individual service to the University; in 2007, the Mory’s Cup for conspicuous service to Yale; in 2007, the Hopkins Medal for commitment, devotion and loyalty to Hopkins School; and in 2004, the Inaugural Institutional Investor Award for Excellence in Investment Management. In 2008 he was elected a fellow of the American Academy of Arts & Sciences. In 2017 he joined the Council on Foreign Relations. Mr. Swensen has advised the president of the United States as a member of the President’s Economic Recovery Advisory Board. He served as trustee or advisor to the Brookings Institution, Cambridge University, the Carnegie Corporation, the Carnegie Institution of Washington, the Hopkins School, TIAA, the New York Stock Exchange, the Howard Hughes Medical Institute, the Courtauld Institute of Art, the Yale New Haven Hospital, the Investment Fund for Foundations, the Edna McConnell Clark Foundation and the States of Connecticut and Massachusetts. Mr. Swensen holds a Ph.D. in economics from Yale University and received an honorary doctor of humane letters from Yale in 2014.