Yale University's endowment is selling one of the largest portfolios of private equity investments ever in a single sale, totaling up to $6 billion, amid pressures from the Trump administration and underperformance of investments.
The Ivy League school, known for its investment strategies in private equity and venture capital, is close to completing the sale of around $3 billion of the portfolio at a slight discount.
Yale's endowment, valued at $41 billion, experienced a low return of 5.7 percent last year, underperforming major indexes, while its 10-year return stood at 9.5 percent.
Private equity and venture firms, comprising half of Yale's endowment, have faced challenges in selling stakes in companies and returning cash to investors, leading to decreased returns.