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Eight-year fixed-income manager Marco C. Barrozo and Satu Parikh, who joined HMC in 2011 as managing director and head of commodities, departed recently with little notice.
While the size of the Faculty of Arts and Sciences decreased slightly in fiscal year 2015, its endowment grew to more than $16.1 billion, the highest point since 2008.
After a year that saw a spike in faculty growth for the first time since the financial crisis, the size of the Faculty of Arts and Sciences stalled again in fiscal year 2015.
Harvard Management Company beat most of its internal benchmarks and the general market indices but lagged behind notable peer institutions such as MIT and Stanford.
Stephen Blyth, who took over for Jane L. Mendillo on Jan. 1, made it clear Tuesday that he plans to chart a new course as Harvard Management Company's CEO.
Finance experts say that despite both domestic and international market volatility, the Harvard Management Company should stay its course and not make drastic changes to investment portfolio.
Andrew G. Wiltshire joined HMC—the University’s investment arm that oversees its $35.9 billion endowment—in 2001 as a natural resource specialist.
University President Drew G. Faust wants to target future fundraising at campaign priorities that have not yet attracted major giving.
The study, funded by a lobby organization for the petroleum industry, examined the cost of divestment for Harvard and four other universities.
A former Federal Reserve board governor and a co-founder of the Los Angeles-based Canyon Partners hedge fund joined the board in July.
The move distances Harvard from a corruption case involving one of the contractors who helped oversee the land.
Administrators maintain that the criticism will do little to hurt their fundraising efforts, but one fact remains: John Paulson’s record gift to SEAS has brought record scrutiny to Harvard’s $6.5 billion capital campaign.
The record $400 million donation from hedge fund magnate John A. Paulson that renamed the School of Engineering and Applied Sciences comes during a transitional phase of a school whose enrollment has fast outgrown its resources.
The gift will establish a permanent endowment for SEAS—which will now be known as the Harvard John A. Paulson School of Engineering and Applied Sciences—as the school prepares to move into new facilities in Allston, Harvard announced on Wednesday.