John At The Center

A survey of endowment investing in the private equity industry, conducted by Preqin, an alternative asset data provider, shows that 57 percent of the respondents altered their private equity strategy as a result of the financial crisis, with a large number slashing the amount of money they allocate to that asset class.

via Study: Endowments Cutting Back on Private Equity – DealBook Blog – NYTimes.com.