Harvard Management Co

Endowment Over Time
University Finances

Alumni Criticize HMC Executive Compensation As ‘Excessive’

​A group of alumni decried “excessive” compensation for executives at Harvard Management Company in a letter sent Monday to the Harvard Corporation.

HMC Natural Resources Performance
Endowment

HMC Natural Resources Performance

HMC Natural Resources Performance
Endowment

HMC to 'Refine' Natural Resources Investing

​Harvard Management Company—the University’s investment arm—is aiming to sell some of its natural resource assets after the endowment’s value fell almost $2 billion during fiscal year 2016, Bloomberg reported last week.

University Budgets 2016
Central Administration

University Budgets Potentially ‘Constrained’ For Years To Come, Report Warns

Harvard’s traditional revenue sources—including returns on its endowment—may be subdued in the coming years, a reality that could “significantly constrain” future University budgets, according to Harvard’s annual financial report released Tuesday.

Central Administration

Management Company Reportedly Described as ‘Lazy,’ ‘Stupid’ by Employees in 2015 Review

Harvard Management Company employees accused the University's investment arm of setting artificially low benchmarks and overcompensating top managers, Bloomberg reported Thursday.

Ivy League FY2016 Endowment Returns Graph
College Finance

Ivy League FY2016 Endowment Returns Graph

Ivy League FY2016 Endowment Returns Graph
Central Administration

Columbia Returns -0.9 Percent with Narvekar, Next HMC Head

​Incoming Harvard Management Company CEO N.P. Narvekar oversaw negative 0.9 percent returns on Columbia University’s investments during his last fiscal year on the job.

FAS

FAS Reserves Dwindling, Dean Says

Cash reserves for Harvard’s flagship Faculty have dwindled to “effectively zero,” Dean of the Faculty of Arts and Sciences Michael D. Smith said at a meeting of the body Tuesday.

Federal Reserve Bank of Boston - HMC Office
Endowment

Columbia Endowment Chief Will Lead Underperforming HMC

Columbia University endowment manager N.P. Narvekar will serve as the next CEO and president of Harvard Management Company, taking the reins of the world’s largest university endowment at a time of instability, the University announced Thursday evening.

Returns and Endowment Size (FY2006-FY2016) Graph
Endowment

Returns and Endowment Size (FY2006-FY2016) Graph

Returns and Endowment Size (FY2006-FY2016) Graph
Endowment

A Tale of Two Endowments

Should Harvard abandon decades of established investment practices and, in short, start investing like Yale does? Can it afford not to?

Harvard University President Drew G. Faust
University Finances

‘Disappointing’ HMC Returns Will Pressure Budgets, Faust Says

The near $2 billion drop in Harvard’s endowment will constrain budgets, University President Drew G. Faust said in an interview Tuesday.

Endowment

Yale Earns 3.4 Percent On Investments, Beating Harvard

In a rough year for university endowments, Yale returned 3.4 percent on its investments in fiscal year 2016, beating out Harvard’s negative 2 percent returns over the same time period.

Endowment Over Time
University Finances

A Guide to Harvard's Endowment

​Harvard lost almost $2 billion dollars in endowment value this year. Here’s what that means, why it matters, and an analysis of why it may have happened.

Endowment Comparisons
Endowment

Endowment Comparisons