Harvard University’s endowment is in advanced talks to sell about $1 billion in private equity fund interests, a source familiar with the matter told Reuters on Thursday.
The process began last year and is not linked to recent threats by President Donald Trump to cut federal funding to colleges over campus protests and other issues, the source said.
Harvard Management Company, which manages the nation’s largest university endowment at $53 billion, is working with Jefferies Financial Group on a potential sale to Lexington Partners, Bloomberg reported. Terms are not final.
The transaction, expected to take place on the secondaries market, would allow Harvard to generate liquidity amid ongoing market volatility tied to Trump’s economic policies.
Despite the sale, Harvard’s asset allocation remains unchanged. The university had 39% of its endowment in private equity in 2024, up from 34% in 2021, when it made a similar $1 billion sale.
Earlier this month, Harvard said it plans to borrow $750 million as part of contingency measures.
President Trump has threatened to withhold funding from universities over issues including pro-Palestinian protests, climate policies, and diversity programs.
Meanwhile, Yale University also confirmed this week it is exploring a private equity asset sale and is working with Evercore on the process.
The U.S. Supreme Court has granted a request from the Trump administration to lift protections under the Temporary Protected Status (TPS) program for approximately 350,000 Venezuelans, potentially opening the door to future deportations while litigation continues.
Lithuania has taken legal action against Belarus at the International Court of Justice (ICJ), accusing Minsk of organizing irregular migrant crossings and violating international obligations.
Indonesia has raised the alert level to the highest for Mount Lewotobi Laki Laki after it erupted eight times over the weekend, the country’s volcanology agency said.
As South Western Railway becomes the latest operator to be renationalised under Great British Railways (GBR), questions remain about whether these changes will lead to better services or lower fares.
In Malaysia, rivers are under threat from invasive fish species that have spread widely, harming native wildlife and local ecosystems.
The U.S. Supreme Court has granted a request from the Trump administration to lift protections under the Temporary Protected Status (TPS) program for approximately 350,000 Venezuelans, potentially opening the door to future deportations while litigation continues.
Lithuania has taken legal action against Belarus at the International Court of Justice (ICJ), accusing Minsk of organizing irregular migrant crossings and violating international obligations.
Indonesia has raised the alert level to the highest for Mount Lewotobi Laki Laki after it erupted eight times over the weekend, the country’s volcanology agency said.
As South Western Railway becomes the latest operator to be renationalised under Great British Railways (GBR), questions remain about whether these changes will lead to better services or lower fares.
In Malaysia, rivers are under threat from invasive fish species that have spread widely, harming native wildlife and local ecosystems.
Ukrainian President Volodymyr Zelenskyy met Turkish President Recep Tayyip Erdogan in Ankara on May 15, with discussions reportedly focusing on upcoming peace talks between Ukrainian and Russian delegates in Istanbul.
Israeli Prime Minister Benjamin Netanyahu said the war in Gaza will not stop until Hamas is destroyed, following the release of US-Israeli soldier Edan Alexander.
Qatar signed a landmark agreement with U.S. aerospace giant Boeing on Wednesday to acquire 160 aircraft for Qatar Airways, a deal valued at $200 billion. The signing took place in Doha during the visit of U.S. President Donald Trump.
Ukrainian and Russian delegations meet behind closed doors at Istanbul’s Dolmabahçe Palace at 10:00 local time today to explore security guarantees, territorial integrity and a possible ceasefire.
EU approves 17th Russia sanctions, blacklisting almost 200 shadow‑fleet ships, 30 evasion firms and 75 defence figures, banning missile chemicals and arming Brussels to strike Kremlin hybrid and operations.
The U.S. Supreme Court recently allowed President Donald Trump's administration to move forward with ending Temporary Protected Status (TPS) for around 350,000 Venezuelans living in the U.S. Trump has also aimed to end TPS protections for Haitians, Afghans, and others.
The U.S. Supreme Court has granted a request from the Trump administration to lift protections under the Temporary Protected Status (TPS) program for approximately 350,000 Venezuelans, potentially opening the door to future deportations while litigation continues.
Lithuania has taken legal action against Belarus at the International Court of Justice (ICJ), accusing Minsk of organizing irregular migrant crossings and violating international obligations.
Indonesia has raised the alert level to the highest for Mount Lewotobi Laki Laki after it erupted eight times over the weekend, the country’s volcanology agency said.
As South Western Railway becomes the latest operator to be renationalised under Great British Railways (GBR), questions remain about whether these changes will lead to better services or lower fares.
The U.S. Supreme Court has granted a request from the Trump administration to lift protections under the Temporary Protected Status (TPS) program for approximately 350,000 Venezuelans, potentially opening the door to future deportations while litigation continues.
Lithuania has taken legal action against Belarus at the International Court of Justice (ICJ), accusing Minsk of organizing irregular migrant crossings and violating international obligations.
Indonesia has raised the alert level to the highest for Mount Lewotobi Laki Laki after it erupted eight times over the weekend, the country’s volcanology agency said.
As South Western Railway becomes the latest operator to be renationalised under Great British Railways (GBR), questions remain about whether these changes will lead to better services or lower fares.
In Malaysia, rivers are under threat from invasive fish species that have spread widely, harming native wildlife and local ecosystems.
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