Harvard Management Co

Returns and Endowment Size (FY2006-FY2016) Graph
Central Administration

Higher Fees at HMC 'Worth Undertaking,' Faust Says

"The sense was that the fees that would be charged by external managers in relationship to the insight and success of external managers was worth undertaking,” Faust said.

Central Administration

Three Investment Managers To Depart HMC to Form Hedge Funds

Weeks after the Harvard Management Company announced its intent to lay off nearly half of its 230-person staff, three of the firm’s investment managers will leave the company to form their own hedge funds, according to Bloomberg.

Federal Reserve Bank of Boston - HMC Office
University Finances

Harvard Alumnus Brian Rogers Named to Harvard Management Co. Board

Brian C. Rogers ’77, a prominent investment manager and philanthropist, has joined the Harvard Management Company's board of directors.

Federal Reserve Bank of Boston - HMC Office
University Finances

Some Alumni Encouraged by HMC Changes

While some alumni said they are cautiously optimistic about the changes at HMC, others remain focused on compensation structures at the firm.

Federal Reserve Bank of Boston - HMC Office
Endowment

With an External Real Estate Team, HMC May Face Increased Fees

Experts say that if the real estate team continues to do business with Harvard Management Company as an external management unit, it could earn salaries well above what members of the team drew in at HMC for doing mostly the same job.

Endowment

Harvard's Wealth Lagging Behind Peers

Harvard’s wealth has grown at a slower rate than that of its peer institutions in the past five years, a brief report from Moody’s Investors Service recently found.

Endowment

Harvard’s Endowment Returns Trails National Average, Report Says

Harvard’s endowment grew slower than was average for university endowments in fiscal year 2016, according to a recent report from the National Association of College and Business Officers.

Federal Reserve Bank of Boston - HMC Office
University Finances

Harvard Management Company to Lay Off Half Its Staff

Harvard Management Company will lay off approximately half of its 230-person staff by the end of the calendar year in the genesis of a five-year overhaul of the world’s largest university endowment.

Federal Reserve Bank of Boston - HMC Office
Harvard Management Co

Harvard Management Company to Lay Off Half Its Staff

Harvard Management Company will lay off approximately half of its 230-person staff by the end of the calendar year in the genesis of a five-year overhaul of the world’s largest university endowment.

Stephen Blyth
Central Administration

Former HMC Chief Returns to Teaching Role

Stephen Blyth left the University’s investment arm in the summer to undergo cancer treatment.

Federal Reserve Bank of Boston - HMC Office
Central Administration

University Treasurer Defends Compensation at HMC

University Treasurer Paul J. Finnegan described efforts to improve the performance of Harvard Management Company in a letter responding to alumni concerned that the University's investment arm overcompensates its executives.

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.