Yale Considers Private Equity Stake Sales Amid Funding Turmoil

Yale University’s endowment is exploring sales of private equity fund stakes as Ivy League schools stare down budget challenges stemming from lackluster investment performance and pressure from President Donald Trump.

Evercore is advising the $41 billion endowment on a process that has been in the works for months, according to a Yale spokesperson. The fund remains committed to private equity and is still making new commitments, the spokesperson said.

Yale has not disclosed a target size for a sale. An earlier report by Secondaries Investor said the university may sell up to $6 billion of its private equity ...