Meketa Connectives | Locked In: How Private Equity Is Reshaping Liquidity for Higher Education Endowments and Foundations

May 2025

As spending demands rise and liquidity becomes harder to access, how can higher education endowment and foundation (E&F) portfolios keep up with cash demands as liquidity comes increasingly into focus?

Many colleges and universities are experiencing tensions among declining enrollment, rising operating costs, and an uncertain policy landscape. This has strained the level of liquidity that those institutions are accustomed to having available.