Insider Trades - YALE UNIVERSITY

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YALE UNIVERSITY: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
ACADIA RLTY TR Director NYSE:AKR (historical quotes, profile, SEC, other insiders)	29-Feb-08	2,173,147	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
29-Feb-08 25,100 AKR Purchase at $22.50 - $23 per share.
(Cost of about $571,000)
28-Feb-08 45,000 AKR Purchase at $22.92 - $23.16 per share.
(Cost of about $1,037,000)
27-Feb-08 20,000 AKR Purchase at $23.58 - $23.75 per share.
(Cost of about $473,000)
27-Feb-08 30,000 AKR Purchase at $23.13 - $23.57 per share.
(Cost of about $701,000)
26-Feb-08 8,000 AKR Purchase at $24 - $24.13 per share.
(Cost of about $193,000)
26-Feb-08 17,000 AKR Purchase at $23.61 - $23.98 per share.
(Cost of about $405,000)
25-Feb-08 11,600 AKR Purchase at $23.75 - $23.87 per share.
(Cost of about $276,000)
25-Feb-08 15,000 AKR Purchase at $22.67 - $23.72 per share.
(Cost of about $348,000)
25-Feb-08 23,400 AKR Purchase at $23.04 - $23.37 per share.
(Cost of about $543,000)
22-Feb-08 7,800 AKR Purchase at $22.73 - $23.15 per share.
(Cost of about $179,000)
22-Feb-08 26,200 AKR Purchase at $22.33 - $22.72 per share.
(Cost of about $590,000)
21-Feb-08 20,000 AKR Purchase at $22.88 - $23.05 per share.
(Cost of about $459,000)
21-Feb-08 30,000 AKR Purchase at $22.51 - $22.86 per share.
(Cost of about $681,000)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
29-Feb-08	25,100	AKR	Purchase at $22.50 - $23 per share. (Cost of about $571,000)
28-Feb-08	45,000	AKR	Purchase at $22.92 - $23.16 per share. (Cost of about $1,037,000)
27-Feb-08	20,000	AKR	Purchase at $23.58 - $23.75 per share. (Cost of about $473,000)
27-Feb-08	30,000	AKR	Purchase at $23.13 - $23.57 per share. (Cost of about $701,000)
26-Feb-08	8,000	AKR	Purchase at $24 - $24.13 per share. (Cost of about $193,000)
26-Feb-08	17,000	AKR	Purchase at $23.61 - $23.98 per share. (Cost of about $405,000)
25-Feb-08	11,600	AKR	Purchase at $23.75 - $23.87 per share. (Cost of about $276,000)
25-Feb-08	15,000	AKR	Purchase at $22.67 - $23.72 per share. (Cost of about $348,000)
25-Feb-08	23,400	AKR	Purchase at $23.04 - $23.37 per share. (Cost of about $543,000)
22-Feb-08	7,800	AKR	Purchase at $22.73 - $23.15 per share. (Cost of about $179,000)
22-Feb-08	26,200	AKR	Purchase at $22.33 - $22.72 per share. (Cost of about $590,000)
21-Feb-08	20,000	AKR	Purchase at $22.88 - $23.05 per share. (Cost of about $459,000)
21-Feb-08	30,000	AKR	Purchase at $22.51 - $22.86 per share. (Cost of about $681,000)