Reports say that Harvard University seeks to sell its $1 billion stake in a private equity Fund.
A source familiar with the matter said on Thursday that Harvard University's endowment Fund is engaged in in-depth negotiations to sell approximately $1 billion worth of private equity Fund interests. The unnamed source indicated that the sale process began last year and is unrelated to threats by President Trump to cut funding. It is reported that the Harvard Management Company, which oversees the largest higher education endowment Fund in the USA, is taking advice from Jefferies Financial Group to sell its portfolio to private equity firms.
Abu Dhabi Investment Authority Acquires Stake Worth $5M in Jefferies Unit
Investors More Bullish on Jefferies Financial Group (NYSE:JEF) This Week as Stock Climbs 6.2%, Despite Earnings Trending Downwards Over Past Five Years
Jefferies Financial strategists claim that the flowering period for U.S. stocks has passed and recommend Shareholding in Assets from China, India, and Europe.
Christopher Wood, the head of Global Equity strategy at Jefferies Financial, stated that the Market Cap of USA stocks has peaked, and stocks, US Treasuries, and the dollar may decline further. In a telephone interview, Wood said that investors should consider increasing their Assets in China, India, and Europe when rebalancing their portfolios. He noted that the Market Cap of USA stocks reached its peak of MSCI Global Index proportion at the end of December, comparing it to the Japanese market at the end of the 1980s. "USA Assets have reached historical highs," he pointed out. "The dollar has begun a long-term weakening trend, which will reduce the proportion of USA stocks' Market Cap globally."
Market Chatter: KKR Spurns Banks for Private Lenders to Fund Karo Healthcare Buyout
Express News | Shares of Financial Companies Are Trading Higher Amid Overall Market Strength After President Trump Said He Will Not Be Firing Fed Chair Powell. Additionally, Trump Indicated the Final Tariff Rate Would Be Lower Than the Current One, Which May Lead to...
Express News | Shares of Financial Companies Are Trading Higher Amid Treasury Secretary Scott Bessent's Remarks About Trade De-escalation With China, Which May Help Restore Investor Confidence Towards the Sector
Express News | Article Removed Regarding Berkshire Hathaway's Alleged Exposure To Bitcoin ETFs (CORRECTED)
Warren Buffett Dislikes Bitcoin—But Berkshire Hathaway Finds Itself Linked To BTC ETFs Through One Of Its Biggest Holdings
Pernod Ricard's third-quarter sales fell short of expectations, with tariff uncertainties impacting the Spirit Industry.
French beverage giant Pernod Ricard announced on Thursday that its sales for the third fiscal quarter fell by 3%, below expectations, due to the uncertainty of tariffs impacting the already struggling Spirit Industry. Analysts had previously expected that the company's organic net sales would decline by 2% in the three months ending March 31. Pernod Ricard's sales were boosted by orders placed by US wholesalers ahead of anticipated tariffs. However, this was offset by Other issues, including production disruptions in India, the impact of tariffs on China Cognac sales, and a decline in sales in its travel retail sector due to the suspension of duty-free sales of Cognac in China.
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Market Chatter: Jefferies Financial to Raise $600 Million for Gulf Coast Ammonia
Jefferies Financial | 10-Q: Q1 2025 Earnings Report
Shares of Banks and Financial Services Companies Are Trading Higher Amid an Overall Market Surge Following President Trump's Decision to Implement a 90-day Pause on Reciprocal Tariffs for All Countries Except China.
Express News | Shares of Banks and Financial Services Companies Are Trading Higher Amid an Overall Market Surge Following President Trump's Decision to Implement a 90-day Pause on Reciprocal Tariffs for All Countries Except China
Apple's stock price has fallen for four consecutive days, while Microsoft has reclaimed the top position in Market Cap.
Due to the impact of the tariff plan from USA President Trump on the stock price of this iPhone manufacturer, Microsoft's Market Cap has surpassed Apple's once again. In the past four Trading days, Apple's stock price has dropped by 23%. Microsoft's CEO Satya Nadella noted that Apple's stock price has plummeted 23% in the last four Trading days, allowing Microsoft to regain its position as the Global company with the highest Market Cap. As of Tuesday's close, Microsoft's Market Cap was $2.64 trillion, while Apple's Market Cap was $2.59 trillion. Although President Donald Trump's large-scale tariff plan has severely impacted the entire market,
Goldman Sachs and 3 More Banks That Look Cheap After Selloff -- Barrons.com
Jefferies Financial Price Target Cut to $41.00/Share From $75.00 by Morgan Stanley
Jefferies Financial Cut to Equal-Weight From Overweight by Morgan Stanley
Jefferies Financial Gr Analyst Ratings