Overview

• Harvard is in advanced discussions to sell $1 billion in private equity holdings, with Jefferies advising and Lexington Partners as the potential buyer.
• Yale is reportedly considering selling up to $6 billion of its private equity assets, representing nearly 15% of its $41.4 billion endowment.
• Harvard, Northwestern, and Princeton have raised $750 million, $500 million, and $320 million respectively through taxable bond issuances this month.
• The Trump administration has frozen or reviewed over $10 billion in university funding, citing compliance concerns over campus policies on protests, antisemitism, and diversity programs.
• Universities are shifting endowment strategies to prioritize liquidity, responding to market volatility and potential cuts to federal research grants.