Harvard University's endowment is in advanced talks to sell private equity fund interests totaling about $1 billion, a person familiar with the matter said on Thursday. The sale process started last year and is unrelated to threats of funding cuts from U.

Harvard's endowment is in talks to sell $1 billion in private equity stakes, navigating market challenges and Trump administration threats to federal funding.

Harvard University’s endowment is in advanced talks to sell roughly $1 billion of private equity fund stakes, at a time when the school faces financial uncertainty and pressure from Donald Trump’s threats and a sluggish market for returns on illiquid assets.