The largest university endowments have been investing heavily invested in alternatives, with Yale University leading the way with an 81.6% allocation. Princeton University is second with 78.2%, followed by Stanford University, which allocates 77%. The allocations are as of June 30, 2010—the latest information available—and are part of data collected by Cambridge Associates for a University of California regents asset study. Although it’s unclear how the allocations may have changed in the last year, the document ....