News Analysis
Risk is accumulating for China investors, with private equity in particular trouble. Harvard University, one of the world’s top PE investors, with an endowment of $53.2 billion, recently showed a crack in its veneer on China.
“In a sign of a potential pullback,” according to Bloomberg News, “Harvard University’s endowment is considering tapering its investments in China.” Bloomberg sources, familiar with Harvard’s investment strategy, asked to remain anonymous.
Publicly, however, 34 percent of Harvard’s endowment in 2021 was in private equity, up from 23 percent in 2020. Harvard declined to tell Bloomberg what percent of its PE investments are in China.
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