Over 50 students from Yale SOM, Yale College, and other degree programs assembled for a unique learning opportunity hosted by the Swensen Asset Management Institute on April 16th and 23rd.

Adam Shapiro YC ’95, co-founder and managing partner of East Rock Capital, met with students over two seminars to discuss how long-horizon investors approach private equity and hedge fund investing and the role of manager selection in active portfolios. Drawing on examples from his work advising multi-generational family portfolios, Shapiro discussed how allocators evaluate emerging managers, think about the trade-offs between active and passive exposure, and assess the role hedge funds can play within portfolios.

Throughout the…