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Professor Stephen A. Marglin ’59 said that Harvard’s divestiture would not cause fossil fuel companies to collapse, but could set an example for other institutions that might be waiting to follow Harvard’s lead.
Dozens of members of the Harvard community will not be swiping into dining halls this week as they participate in Divest Harvard’s week-long fast.
Blyth, who is currently a managing director and head of public markets at HMC as well as a professor of statistics, will assume the role Jan. 1, 2015.
The investment gains leave Harvard’s endowment just short of its $36.9 billion peak, which was reached in June of 2008, before the global financial crisis.
Gerald L. Chan addresses University administrators, donors, and faculty members on Monday afternoon at a ceremony formally unveiling his foundation's $350 million gift to the Harvard School of Public Health.