05.08.2010 - HMC considers selling real estate investments to Chinese SWF
From Thecrimson.com: Harvard Management Company is exploring options for unloading several of its real estate investments to China's $300 billion sovereign wealth fund, a move that could represent a significant change from an investment strategy that had stressed diversity of holdings before the recession struck. According to a Wall Street Journal report, China Investment Corp., or CIC, recently approached the University’s money managers about a possible purchase of Harvard's positions in six real estate funds..............................................Full Article: Source
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