Harvard in talks to sell $ 1billion in private equity holdings: Report
Harvard University is reportedly negotiating the sale of approximately $1 billion in private equity fund interests, facilitated by Jefferies Financial Group, to Lexington Partners. This divestment aims to enhance liquidity amidst market instability and challenges in divesting companies. The move follows Harvard's recent announcement to secure $750 million in Wall Street financing as a precautionary measure.
Harvard University is reportedly negotiating the sale of approximately $1 billion in private equity fund interests, facilitated by Jefferies Financial Group, to Lexington Partners. This divestment aims to enhance liquidity amidst market instability and challenges in divesting companies. The move follows Harvard's recent announcement to secure $750 million in Wall Street financing as a precautionary measure.
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