Ted Seides – A Deep Dive into Hedge Funds - [Invest Like the Best, EP.07]
Invest Like the Best with Patrick O'Shaughnessy
Was Yale a Cedar F of New Funds?
ermiyel: Was yale effectively a cedar f of new funds, or what you said, nasance? That could mean literally that they are the first investor, or just a very early one. And i think that's consistent with how david views the world wich as he doesn't want to invest in an investment organization that has outside ownership. He would rather just negotiate a better discount for yale than impinge on what he thinks is the optimal structure of investment organizations. Clearly worked very, very well for them.
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