Harvard University is currently trying to sell a part of its timberland investments in South America to investors that would share management of the portfolio. The management of the university has already approached investors to buy minority or majority stakes in as much as $700mn of property in Brazil, Uruguay and Argentina, MENAFN reported. The university also wants the investors to become strategic partners at the same time in an effort to reduce the endowment's risk. The $37bn endowment hired investment banker Jonathan Prather from Perella Weinberg Partners Group in February ...
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