Harvard University’s endowment is in advanced talks to sell about $1 billion of private equity fund stakes, at a time when the school faces financial uncertainty compounded by pressure from ...

The lawmaker’s call for an SEC investigation into the school highlights the industry’s fishy valuation practices.

Harvard had 39% of its funds into private equity assets in 2024, according to the annual Harvard financial report. This is up from 34% in 2021, when the university also sold close to $1 billion of ...

A new study from Harvard Medical School is raising fresh concerns about hospitals controlled by private equity firms. Researchers found patient satisfaction dropped at hospitals that moved under ...

These are tough times for university endowments -- there's the difficulty of producing consistent results; the questionable love of investments in hedge funds and private equity amid high fees and ...

Private equity's ability to outperform publicly-listed stock is well documented. But it's the lack of downside risk that makes PE really special. Private equity is safer than the stock market in a ...

Private equity firms have historically paid little attention to the art and science of ... A version of this article appeared in the November–December 2023 issue of Harvard Business Review. TB.

If private equity can get that kind of performance out of a company, why can’t they? A version of this article appeared in the November 2007 issue of Harvard Business Review.

Harvard’s endowment had been late to the private equity asset class, but ramped it up in recent years. The fund’s 10-year annualized return was 7.6%. The most recent fiscal year featured a 9.6 ...