Endowment
Management Co. Taps New Head of Public Equity
Ryan, who most recently served as the chief investment officer at MDR Capital Management in New York, will start his new role in September.
Harvard Management Co. CEO To Step Down
After helping Harvard’s endowment recover from a global financial crisis, Harvard Management Company President and CEO Jane L. Mendillo will depart her post at the end of 2014.
Popping the Question
From coordinating exclusive committees to presidential face time, Harvard’s behind-the-scenes fundraising arm lays the groundwork of a campaign.
Day After Arrest, Divest Protesters Renew Calls for Open Meeting with Corporation
At Friday’s rally, members of Divest Harvard continued to clamor for an open meeting with University leadership, but much of the event focused on the University’s response to protesters the previous day.
Faust Says University Has Submitted Revised Sexual Assault Policy
At an open forum sponsored by the Undergraduate Council Thursday, University President Drew G. Faust announced that Harvard had submitted in recent weeks a revised sexual assault policy.
In letter, More than 100 Faculty Members Call on Faust, Corporation To Divest From Fossil Fuels
More than 100 faculty members from across the University signed an open letter on Thursday urging University President Drew G. Faust and members of the Harvard Corporation, the University’s highest governing body, to divest the University's endowment from fossil fuel companies.
With Argentine Timberlands Recertified, Local Organizers Lodge Complaints
The independent third-party Rainforest Alliance accredited the plantations, EVASA and Las Misiones, located in northern Argentina, on behalf of FSC.
University Will Adopt UN-Backed Investment Principles, Launch New Climate Change Initiatives
The three-fold endeavor will launch a research-focused Climate Change Solutions Fund, increase sustainability measures on campus, and affirm the endowment’s commitment to environmentally sustainable and socially conscious investing.
Tax Reform Plan Could Cost Harvard Millions, Though Passage Unlikely
Congressman David L. Camp’s tax reform plan could cost Harvard tens of millions of dollars in endowment taxes if passed.
Management Company Names New Private Equity Director
Richard L. Hall '90 will replace Lane MacDonald ’88-’89, who stepped down in February, less than three months after being promoted to the position.
Largest Donation
Kenneth C. Griffin ‘89 has donated $150 million to the University, which is the largest in the history of the College.
Endowment Growth Trails National Average, Report Shows
Harvard’s endowment grew at a slower rate than the national average for American colleges and universities, as well as many of its peer institutions, in fiscal year 2013, according to data released Tuesday by the National Association of College and University Business Officers and Commonfund Institute.
Harvard's Endowment Over the Years
Harvard's endowment returns have been generally in line with the national average in the past few years, but historically exceeded it, according to data from the National Association of College and University Business Officers and Commonfund Institute.
Perspectives on Divest Harvard and Why They Won’t Give Up
Members of Divest Harvard, the student group currently spearheading the divestment movement, say that President Faust's letter reaffirming Harvard's anti-divestment stance serves as a source of motivation, rather than discouragement.
University Report Reveals Mixed Financial Outlook
Harvard’s financial report for the 2013 fiscal year paints a picture of a University that has recovered significantly from losses suffered during the recent financial crisis but is still looking with anticipation to the Harvard Campaign for relief, if not for a complete solution to all financial difficulties.
Lane MacDonald '88-'89 Named HMC Managing Director
A former Harvard hockey star and active alumnus will become the managing director for private equity at Harvard Management Company, HMC announced in a press release on Monday.
Endowment 2013
Harvard's endowment saw an 11.3 percent return on its investments, rising to $32.7 billion.
Harvard Endowment Rises to $32.7 Billion
The returns, which apply to fiscal year 2013, mark vast improvement from the previous fiscal year, during which the endowment’s value declined slightly to $30.7 billion.
3 Questions You've Got About the Capital Campaign, Answered
The news is important, we get it, but we can barely keep up with our Facebook and Insta accounts as is, let alone keep track of Harvard finances. For those us who are hearing the words "Capital Campaign" thown around for the first time these past few days, here's a quick and dirty guide to get you up to speed:
Forbes Mysteriously Ranks Harvard’s Fiscal Health 5th Best in Nation
Apparently having the largest endowment in higher education isn’t good enough to be named the most fiscally healthy college in the country by the always-reliable Forbes magazine.
Harvard Picks Parnassus for Social Choice Fund
Harvard will invest its soon-to-be-launched social choice fund into the Parnassus Equity Income Fund, the University announced in a press release on Thursday.
Rallying to Divest Harvard
Thursday afternoon students assemble outside Massachusetts Hall to call for Harvard to divest from investments in Fossil Fuels.