Harvard Management Co

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Vineyard Lands
Central Administration

Harvard Management Company Invests in California Vineyards

Harvard Management Company has continued its strategy of investing in natural resources by purchasing millions of dollars' worth of vineyard land in central California.

University Finances

Students Rally Against Harvard's Management of Timber Plantations in Argentina

The protest comes after much debate over the plantations, including allegations of mismanagement and the announcement of recertification of the plantations last week.

Endowment

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.

Endowment

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.

State of the University
Research

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.

Endowment

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.

Endowment

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.

University Finances

HMC Private Equity Director Will Leave Post After Three Months

Lane MacDonald '88-'89 will join the growing group of former Harvard Management Company employees who have moved to the private sector over the years, when he departs at the end of the month.

University Finances

Harvard Puts Romanian Timberland Associated with Bribery Case Up for Sale

The documents advertising the sale were posted in Romanian provinces two days after Dragos Lipan Secu, a former contractor for a University subsidiary, was arrested on charges of bribery and money laundering.

Jane Mendillo
Central Administration

Jane Mendillo

Jane L. Mendillo is the president and executive director of the Harvard Management Company.

Harvard's Endowment Over the Years
College Finance

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.

Harvard's Endowment Over the Years
College Finance

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.

College Finance

Former Harvard Timber Contractor Accused of Bribery, Money Laundering

While a contractor for Scolopax, a Harvard-owned timber company in Romania, Dragos Lipan Secu allegedly conspired with timber sellers to purchase timberland at artificially high prices.

Features

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.

Endowment

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.

House Art Cover Wallpaper
Visual Arts

Art House

Youth Homelessness in the Square
Harvard Square

For Homeless Youth, Age Can Compound Challenges of Life on the Streets

On Year Later: Boston Marathon Bombings
Boston Marathon

VIDEO: Looking Back One Year Later, Harvard Affiliates Prepare to Return to Finish Line

Johnston Gate Arts Cover
Arts

Rebuilding the Past: Harvard's Beautification Renaissance