Harvard Management Co
Both a major investor and an educational institution, Harvard seeks to strike a difficult balance between considering ethical responsibilities while remaining apolitical.
Instead of using hedge funds to manage its money, the University should shift half of its $37.1 billion endowment into lower-cost funds tracking the S&P 500, the letter’s signatories argued.
Experts say the effect of the federal tax on Harvard’s endowment remains unclear as the government continues to work out features of the new law.
The protest forms part of a series of protests calling on higher education institutions to divest from financial groups with significant Puerto Rico debt holdings.
Harvard Management Company sold its majority stake in a portfolio of properties scattered around New York City to Blackstone Group for nearly $244 million.
2017 saw tectonic changes—ranging from Harvard's decision to keep the College's controversial social life policy to its launch of a presidential search destined to chart the course for decades to come. The Crimson reviews ten stories that defined a tempestuous year.
Harvard’s more than 5,000 cows are about to change hands.
Harvard Management Company will outsource its real estate management team to Boston-based private equity firm Bain Capital.
In a year when most institutional investors rode out robust public markets, Harvard’s 8.1 percent investment return for fiscal year 2017 placed it last among Ivy League endowments.
Harvard's annual financial report indicates significant shifts in investment strategy in fiscal year 2017, including the jettisoning of billions in assets.
Yale University—the Ivy League school known for consistently leading the pack in annual investment returns—returned 11.3 percent on its investments for fiscal year 2017.