Awards & Recognition
★2004 Inaugural Institutional Investor Award for Excellence in Investment Management
★2007 Mory's Cup for conspicuous service at Yale
★2008 Fellowship in American Academy of Arts & Sciences
★2012 Yale Medal for outstanding individual service to the University
★2015 George H.W. Bush Lifetime of Leadership Award
★Honorary Doctor of Humane Letters from Yale University (2014)
Notable Facts
→Chief Investment Officer at Yale University from 1985 until death in May 2021
→Grew Yale endowment from $1.3 billion to over $30 billion under his stewardship
→Created the revolutionary 'Yale Model' of endowment investing copied worldwide
→Achieved 13.9% annualized returns over 30+ years, unequaled among institutional investors
→Served on President Obama's Economic Recovery Advisory Board (2009-2011)
→Author of influential books 'Pioneering Portfolio Management' and 'Unconventional Success'
→Mentored numerous investment professionals who now manage major university endowments
→Structured the first currency swap transaction at Salomon Brothers involving IBM and World Bank