Yale pares 2014 PE target allocation to 31 pct vs 35 pct

Yale’s trend-setting endowment has reduced its target allocation to private equity from 35 percent to 31 percent for fiscal 2014, sister publication peHUB reported.

A spokesperson for the endowment declined to comment.

Private equity returned 14.4 percent for the year ended June 30, according to the endowment.