Harvard University's endowment is in advanced talks to sell private equity fund interests totaling about $1 billion, unrelated to threats of funding cuts from U.S. President Donald Trump. The move comes as investors are looking to increase sales of their private credit holdings for new ways to generate liquidity amid market volatility. The sale does not indicate a change in asset allocation for the $53 billion endowment.
image sourced from original article at https://www.dailymail.co.uk/wires/reuters/article-14646061/Harvard-University-exploring-1-billion-private-equity-stakes-sale-source-says.htmlOriginal article source: https://www.dailymail.co.uk/wires/reuters/article-14646061/Harvard-University-exploring-1-billion-private-equity-stakes-sale-source-says.html
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