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.
On June 19, the official opening ceremony of the “Azerbaijan” residential complex, constructed by Azerbaijan in the Turkish city of Kahramanmaraş, was held. The event was attended by President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Türkiye Recep Tayyip Erdoğan.
Despite suffering significant leadership losses from Israeli airstrikes, Iran retains a robust missile arsenal—including advanced systems—allowing it to maintain retaliatory attacks over an extended period.
On June 19, President of the Republic of Azerbaijan Ilham Aliyev arrived in Türkiye for a working visit.
One of the region’s largest innovation events, “Baku ID-2025”, has officially kicked off in Baku. Organized by SABAH.HUB in partnership with government agencies and leading representatives of the private sector, this year’s festival is held under the theme “The Regional Nexus”.
President Donald Trump has said he will make a decision in the coming two weeks on whether the United States will strike Iran, citing a possibility of upcoming negotiations.
On June 19, the official opening ceremony of the “Azerbaijan” residential complex, constructed by Azerbaijan in the Turkish city of Kahramanmaraş, was held. The event was attended by President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Türkiye Recep Tayyip Erdoğan.
Despite suffering significant leadership losses from Israeli airstrikes, Iran retains a robust missile arsenal—including advanced systems—allowing it to maintain retaliatory attacks over an extended period.
On June 19, President of the Republic of Azerbaijan Ilham Aliyev arrived in Türkiye for a working visit.
One of the region’s largest innovation events, “Baku ID-2025”, has officially kicked off in Baku. Organized by SABAH.HUB in partnership with government agencies and leading representatives of the private sector, this year’s festival is held under the theme “The Regional Nexus”.
President Donald Trump has said he will make a decision in the coming two weeks on whether the United States will strike Iran, citing a possibility of upcoming negotiations.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
Israeli strikes have reportedly targeted areas near the residences of Iran’s Supreme Leader Ayatollah Ali Khamenei and President Masoud Pezeshkian, according to the New York Times, citing local witnesses.
Azerbaijan Airlines (AZAL) has cancelled certain flights scheduled for 13th and 14th June amid recent escalation of situation in the Middle East and the closure of airspace in several countries for security reasons.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi has strongly rejected allegations that the IAEA Board of Governors’ June 12 report provided Israel with justification to attack Iran. Grossi emphasized that the agency’s role and reports can never be used to legitimize
President Donald Trump has said he will make a decision in the coming two weeks on whether the United States will strike Iran, citing a possibility of upcoming negotiations.
Iran's foreign minister is expected in Istanbul on Saturday for a key Organisation of Islamic Cooperation (OIC) council meeting as regional tensions rise over Israel's strikes on Iranian nuclear sites.
The U.S. Embassy in Qatar has temporarily barred its personnel from entering Al Udeid Air Base due to rising regional tensions linked to the ongoing conflict between Israel and Iran.
The World Bank has approved a $640 million loan to Bangladesh to help improve gas supply security and reduce dangerous air pollution in urban areas.
On June 19, the official opening ceremony of the “Azerbaijan” residential complex, constructed by Azerbaijan in the Turkish city of Kahramanmaraş, was held. The event was attended by President of the Republic of Azerbaijan Ilham Aliyev and President of the Republic of Türkiye Recep Tayyip Erdoğan.
Despite suffering significant leadership losses from Israeli airstrikes, Iran retains a robust missile arsenal—including advanced systems—allowing it to maintain retaliatory attacks over an extended period.
On June 19, President of the Republic of Azerbaijan Ilham Aliyev arrived in Türkiye for a working visit.
One of the region’s largest innovation events, “Baku ID-2025”, has officially kicked off in Baku. Organized by SABAH.HUB in partnership with government agencies and leading representatives of the private sector, this year’s festival is held under the theme “The Regional Nexus”.
President Donald Trump has said he will make a decision in the coming two weeks on whether the United States will strike Iran, citing a possibility of upcoming negotiations.
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