Harvard Management Co

Harvard Business School

Faust Made $1.2 Million in 2014

Harvard Management Company CEO Stephen Blyth made less in 2014 as head of public markets than he did the previous year in that position, while University President Drew G. Faust earned more than she did in 2013.

University Finances

Management Company Adds Jain to Board

Robert Jain, an investment banker at Credit Suisse, joined the Harvard Management Company in March as the newest member of the board of directors, the fourth person added to the body since last August.

Former HMC President and CEO Mendillo

Former Harvard Management Company CEO Mendillo Nominated to GM Board

General Motors announced on Friday its nomination of former Harvard Management Company President and CEO Jane L. Mendillo to stand for election to its board of directors.


Divest Protesters Released, Likely to Settle Case

Four members of the student activist group Divest Harvard were arraigned and charged with trespassing after staging a sit-in in the lobby of the Boston Federal Reserve, home to the offices of the Harvard Management Company, which manages Harvard’s $37.6 billion endowment.

Harvard University President Drew G. Faust
Central Administration

In Letter to Congress, Faust Makes Case For Endowment

Responding to congressional inquiry about university endowments, Harvard released an extensive document Friday explaining how its $37.6 billion endowment advances its educational—and tax-exempt—mission.

Central Administration

Endowment Returns Outpace National Average

​For the first time since the 2012 fiscal year, Harvard’s endowment grew at a faster rate than the national average for American colleges and universities in FY 2015.

Federal Reserve Bank of Boston - HMC Office

Management Company Sustainable Investing Chief To Depart

Pedicini, who will leave HMC after just two-and-a-half years, departs after her department suffered criticism from Divest Harvard over the Management Company’s steadfast refusal to fully divest the endowment from the fossil fuel industry.

Federal Funding Decreases
Central Administration

Despite Federal Aid Cuts, Harvard Reports Budget Surplus

Federal grant cuts, private foundations and other non-federal sources have stepped up their contributions to minimize the damage to University operations.

Federal Reserve Bank of Boston - HMC Office
Central Administration

Amy Falls Added to HMC’s Board of Directors

Falls, whose appointment was effective Sep. 28, worked at Morgan Stanley and Phillips Academy Andover before managing The Rockefeller University’s approximately $2 billion endowment. HMC announced the move on its website.

Divest Protests University Appointment
Central Administration

Student Protesters Appeal Dismissal of Divestment Lawsuit

The plaintiffs claim in their 113-page appeal that Harvard has mismanaged its endowment by investing in “abnormally dangerous activities."

Ivy League Plus Endowment Returns
Central Administration

Endowment’s Performance Is Concerning, Faust Says

After another year of lackluster returns at Harvard Management Company, University President Drew G. Faust said Tuesday that she is concerned about the company’s performance.

Central Administration

Two Top Harvard Management Company Executives Depart

Eight-year fixed-income manager Marco C. Barrozo and Satu Parikh, who joined HMC in 2011 as managing director and head of commodities, departed recently with little notice.

James Rothenberg Memorial
Central Administration

Harvard's Elite Remember Rothenberg, Prominent Alumnus

​Harvard’s finest gathered under the sloping ceiling of Memorial Church on Saturday to celebrate the life of James F. Rothenberg ’68, a longtime member of the Harvard Corporation.

Federal Reserve Bank of Boston - HMC Office
Central Administration

Endowment Returns 5.8 Percent, Growing to $37.6 Billion

Harvard Management Company beat most of its internal benchmarks and the general market indices but lagged behind notable peer institutions such as MIT and Stanford.

Stephen Blyth
Central Administration

Blyth Plans Big Changes to Management Company Structure

Stephen Blyth, who took over for Jane L. Mendillo on Jan. 1, made it clear Tuesday that he plans to chart a new course as Harvard Management Company's CEO.