Stefano Caselli, the dean of SDA Bocconi School of Management and a member of the investment committee of Bocconi Endowment Management, explains why his university is an outlier within Italy and Europe at having such a fund, how it is run and why he thinks more European universities will consider them

Oxford University has the largest endowment in Europe and it also bears the most resemblence to Ivy League funds, but what about the other large European endowment funds?

Ivy League endowments used to follow the ‘Yale Model’ of investing heavily in private assets. But this model’s success has undermined its ability to provide good returns, which has triggered a divergence among these eight funds