Rockefeller’s Endowment Is Selling Some Private Credit Funds

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Paula VolentPhotographer: Chris Ratcliffe/Bloomberg

Rockefeller University’s $2.7 billion endowment is in the process of selling some private credit funds amid an uptick in investors clamoring for assets in the growing market.

“I am actually in a secondary sale to sell some private credit funds, which were actually getting good value,” Paula Volent, the New York-based educational institution’s chief investment officer, said at Bloomberg’s Women, Money & Power conference in London on Tuesday.