Harvard eyes $1bn PE secondary sale
1 Articles
1 Articles
Harvard eyes $1bn PE secondary sale
Harvard University is in advanced discussions to offload approximately $1bn worth of private equity fund stakes in a secondary market transaction, as the Ivy League institution continues to actively manage its $53bn endowment, according to a report by Reuters. The report cites an unnamed source familiar with the matter as saying that the sale, initiated in 2023, is not tied to any political pressure or federal funding threats. Harvard Management…
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