Harvard University to sell $1 billion in private equity funds in deal with Lexington Partners amid market challenges

Harvard University is in talks to sell about $1 billion in private equity fund interests, with the help of Jefferies Financial Group, to Lexington Partners. This strategic move is aimed at boosting liquidity in the face of market uncertainties and difficulties in divesting companies. The decision comes shortly after Harvard’s disclosure of securing $750 million in Wall Street funding as a proactive measure.

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