Stanford University and Stanford Management Company (SMC), which manages the majority of the University’s endowment, are exploring a secondary sale of up to $1 billion in illiquid investments such as private equity, venture capital, timber, oil-and-gas and real estate.
Presently, private equity-focused boutique investment bank Cogent Partners is coordinating the potential sale. Bids from interested funds are due at the end of the month.
Rather than putting entire funds up for potential sale, St....
The Stanford Daily
