Asset Allocation
Harvard’s Calculated Risk Leads to 11.9% Reward in Fiscal 2025
The $57 billion endowment’s allocation to private equity has steadily grown to 41% of its portfolio from 16% eight years ago.
The world’s largest endowment also bought 1 million shares of Amazon, despite cutting back sharply on Alphabet, Meta and Microsoft.
PE group targets portfolio’s last-mile properties as e-commerce businesses boom.