Seth Alexander has been named new head of the MIT Investment Management Company. His background includes a lengthy stint with Dave Swensen at Yale, one of the most successful endowment managers around, and the author of two great books.
Since Yale has a very healthy dose of venture and hedge fund allocations, this might potentially signal an even more aggressive stance by MIT in these two asset classes.
http://web.mit.edu/newsoffice/2006/alexander.html
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