Endowments strive to meet two chief objectives: First, they attempt to generate high enough returns to cover their yearly withdrawals, without dipping into their principals. Secondly, their goal is to preserve their principal. The best-performing endowments access alternative investments, long-short equity, select private credit, private credit, and venture capital. Their network of relationships gives them greater access to many crucial investment opportunities.
The-Principles-Of-Endowment-Style-Investing_April-2021 by Koda Capital
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