Charles Gasparino(@CGasparino ):BREAKING: Wall Street execs who follow the college endowment business say it's only a matter of time before @Harvard starts selling what's liquid in its portfolio ie stocks, maybe issue more debt, if its tax-exempt status remains revoked. There are UNCONFIRMED market reports that the selling has already begun. I have request for comment from Harvard. As reported, Yale is already selling out of its endowment's private equity portfolio, which isn't easy given liquidity issues. Harvard is highly levered to PE, close to 40% of its endowment. Story developing

2025.04.19 17:27

BREAKING: Wall Street execs who follow the college endowment business say it's only a matter of time before @Harvard starts selling what's liquid in its portfolio ie stocks, maybe issue more debt, if its tax-exempt status remains revoked. There are UNCONFIRMED market reports that the selling has already begun. I have request for comment from Harvard. As reported, Yale is already selling out of its endowment's private equity portfolio, which isn't easy given liquidity issues. Harvard is highly levered to PE, close to 40% of its endowment. Story developing