The Harvard University Foundation is a $ 1 billion private capital fund because US President Donald Trump freezes federal funds to the institution, reported the Reuters agency and quoted the person who introduced the matter.
However, the sale process that started last year is not related to the reduction of financing from President Trump.
Harvard Management Company, which manages the largest university education foundation in the United States, was recommended by the Jefferies Financial Group to sell the Lexington Partners portfolio, according to Bloomberg News.
Sale conditions
The terms of the agreement have not yet been completed and may change, he said. Neither Jefferies and Lexington Partners officially responded to development.
Sales of $ 1 billion come when investors are trying to increase private credit shares to increase liquidity in market volatility after Trump’s tariff policy.
Harvard had 39% of funds in private capital assets in 2024
In 2024, Harvard had 39% of his funds in private capital assets, according to the annual Harvard financial report, more than 34% in 2021, when the university sold almost $ 1 billion on the secondary market.
Previously, the university reported on its plan to borrow $ 750 million from Wall Street for standby measures.
Trump’s hit at universities
This development occurs in the middle of President Trump’s intervention at the main universities of their alleged support for the Pro-Palestinian campus, as well as other questions, including climate initiatives, Transgender policies and diversity, justice and inclusion programs. In addition to Harvard Yale University, it also examines the sale of a share in private capital.
Harvard University sues Trump’s administration
The University of Harvard filed a lawsuit against Trump’s administration and claimed that the freezing of federal grants was illegal. The university has previously rejected the list of Trump’s requirements, which aimed at limiting the initiatives of diversity and fighting anti -Semitism, according to the BBC report. Reportedly, the Administration canceled $ 400 million financing at Columbia University to avoid keeping its requirement to reduce anti -Semitism on the premises.
“Liberal mess,” Trump kills Harvard
On Thursday, Donald Trump described Harvard as a “anti -Semitic, completely left institution” because the university brings a lawsuit against its administration. “The place is a liberal mess,” Trump wrote on his truth social platform and also said that the university received students “from all over the world who want to tear our country.”
Trump’s Order of Foreign Financing at Universities
Trump’s last post came after signing an executive order on Wednesday to ensure the transparency of foreign funds at universities and universities.
The order is looking for complete and timely publication of foreign financing by university institutions. It manages universities to publish the real source and purpose of foreign funds and warns that some federal grants can be canceled for non -compliance with the requirements for publication of foreign financing.
Trump ordered the Minister of Education to reverse any events of previous administration that allow universities to cover details concerning their foreign financing.
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