The Yale endowment plans to offload about $2.5 billion of private equity stakes. Secondhand buyers had considered valuing pieces of the portfolio at a 15% haircut, though the overall discount is expected to be less than 10%.
The Yale endowment plans to offload about $2.5 billion of private equity stakes. Secondhand buyers had considered valuing pieces of the portfolio at a 15% haircut, though the overall discount is expected to be less than 10%.