Harvard Management Co

University Finances

HMC to Unload Private Equity Assets

Harvard Management Company—the firm managing Harvard’s $35.7 billion endowment—is nearing the final stage in talks to sell over $2 billion in private equity and real estate assets to Lexington Partners.

Endowment

Harvard’s Endowment Plans to Sell $70 Million of Cows and Farmland Assets

Not even Harvard’s cows are safe as Harvard Management Company undergoes a radical restructuring that it hopes will reverse a decade of lackluster returns.

Rubenstein's Board Affilations
Endowment

Rubenstein's Board Affilations

Federal Reserve Bank of Boston - HMC Office
University Finances

The Rise and Fall of HMC

Harvard Management Company's new CEO is leading an effort to revamp the University's investment arm.

HMC Endowment Composition
Endowment

HMC Endowment Composition

HMC Endowment Percentage Returns FY2016
Endowment

HMC Endowment Percentage Returns FY2016

University Finances

Faust Made $1.4 Million in 2015

University President Drew G. Faust earned just over $1.4 million in compensation in calendar year 2015.

Federal Reserve Bank of Boston - HMC Office
Endowment

HMC Aims to Sell $2.5 Billion in Endowment Assets

​Harvard Management Company is trying to sell around $2.5 billion in private equity, venture capital, and real estate assets as part of its broader revamp in investment strategy.

Federal Reserve Bank of Boston - HMC Office
Endowment

Despite Divest Cheers, Harvard Maintains Investment Approach

After a Harvard Management Company official said that the natural resources portfolio is "pausing" investments in fossil fuels, the University maintained that the remarks did not represent a change in investment strategy.

University President Drew G. Faust
Central Administration

In D.C., Faust Calls for Government Backing of Universities

Faust said the renown of American universities is “contingent” on continued federal support during a panel discussion with university presidents in the nation’s capital.

Returns and Endowment Size (FY2006-FY2016) Graph
Endowment

Yale’s Annual Endowment Report Defends High Fees for External Managers

As Harvard cuts the size of its internal workforce and begins to outsource its funds to more expensive external managers, Harvard Management Company will begin to more closely resemble investment offices at Yale and other peer institutions.

Federal Reserve Bank of Boston - HMC Office
Endowment

Harvard ‘Pausing’ Investments in Some Fossil Fuels

​Harvard Management Company’s head of natural resources Colin Butterfield said that Harvard is “pausing” investments in some fossil fuels.

Massachusetts Hall
College

New Campus Group Calls for Private Prison Divestment

Students have launched a new effort urging Harvard to divest—this time taking aim at the University’s holdings in private prison stocks.

Divest Harvard Rally
University Finances

Divest Harvard Blockades University Hall

Around 20 members of Divest Harvard blockaded entrances to University Hall Wednesday in protest of Harvard’s stance on investing in the coal industry.

University Finances

HMC Will Invest At Least $300 Million to Spun-Off Hedge Fund

​Months after announcing it would radically revise its investment strategy by the end of the fiscal year, Harvard Management Company will invest at least $300 million into a hedge fund formed by some of its former money managers.