Students are pictured on the campus of Yale University in New Haven, Connecticut on Tuesday, June 10, 2003. About 26 percent of the university's $10.7 billion endowment is in hedge funds, about five times the average among U.S. colleges. Photographer: George Ruhe/Bloomberg News

Students are pictured on the campus of Yale University in New Haven, Connecticut on Tuesday, June 10, 2003. About 26 percent of the university's $10.7 billion endowment?is in hedge funds, about five times the average among U.S. colleges. Photographer: George Ruhe/Bloomberg News

 GEORGE RUHE / Bloomberg
 

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