Bill Ackman cautioned that Harvard University’s endowment could face significant financial challenges as it considers selling some of its private equity holdings amid disputes with the Trump administration over federal research funding. A sale of these private equity assets is likely to occur at a substantial discount compared to their current valuation within Harvard’s $53 billion endowment, Ackman stated during the Milken Institute Global Conference. He suggested other private equity investments should also be revalued accordingly.
— new from Bloomberg.com
