Yale's Endowment Selling Private Equity Stakes as Trump Targets Ivies
Briefly

Yale's Endowment Selling Private Equity Stakes as Trump Targets Ivies
"Yale University's endowment, amidst pressure and underperformance, is attempting to offload a significant portfolio of private equity investments to adapt to changing financial conditions."
"With attempts to sell up to $6 billion in private equity stakes, Yale demonstrates a shifting strategy in response to disappointing returns and federal funding uncertainties."
"Yale's decision to sell part of its $41 billion fund reflects a broader trend among institutions struggling with underperformance in private equity investments in the current economic climate."
"As experts note, the move signifies a significant change for Yale, who has been a leader in private equity investments, now reevaluating its financial strategies."
Yale University is attempting to sell up to $6 billion in private equity investments amid challenges in both Wall Street and higher education. Recently, it has nearly completed a sale of approximately $3 billion at a discount. The school’s endowment, historically a model for investment strategies, reported a mere 5.7 percent return last year, falling behind major indexes. Private equity, which represents half of Yale's portfolio, has struggled with liquidity, further exacerbating the situation. This shift marks a significant reevaluation of strategies for one of the foremost institutions in the investment landscape.
Read at www.nytimes.com
Unable to calculate read time
[
|
]