Yale endowment model architect Hunter Lewis calls time on it

Based on an interview in April 2021, this Financial Times article touches on three investment topics before briefly recapping Hunter Lewis’s career as co-founder and CEO of global investment firm Cambridge Associates and co-developer (along with clients and colleagues) of the celebrated university investment model.

Brief quotes on the three investment topics follow:

The University Investment Model

“…Is… outdated .”

 Venture Capital and Buyouts

 “Fees are too high, competition is too great.”

 Inflation

 “I think all investors need a bigger inflation hedge.”

 Shortly after the interview was published, reported inflation in the U.S. began to climb.

Originally published April, 2021.