A good chunk of that is illiquid because it is capital invested in funds that may or may not be priced/valued accurately. And Harvard has $7-8B in outstanding debt.
If there’s a severe recession or crisis, it’s not clear that Harvard will sail smoothly through it without some turbulence. Though i’m not implying they would sell some these priceless assets.
A good chunk of that is illiquid because it is capital invested in funds that may or may not be priced/valued accurately. And Harvard has $7-8B in outstanding debt. If there’s a severe recession or crisis, it’s not clear that Harvard will sail smoothly through it without some turbulence. Though i’m not implying they would sell some these priceless assets.