Harvard Management Co
Faculty for Divestment Renew Call for Open Forum
Members of Harvard Faculty for Divestment called once again for an open and public forum with members of the Harvard Corporation and the Harvard Management Company on Tuesday.
Management Co. Taps New Head of Public Equity
Ryan, who most recently served as the chief investment officer at MDR Capital Management in New York, will start his new role in September.
Harvard Management Co. CEO To Step Down
After helping Harvard’s endowment recover from a global financial crisis, Harvard Management Company President and CEO Jane L. Mendillo will depart her post at the end of 2014.
Federal Reserve Bank of Boston - HMC Office
Harvard Management Company is housed in the Boston Federal Reserve building.
Has HMC Lost Its Edge?
At Harvard Management Company, the stakes are high, especially during Harvard’s record-seeking capital campaign. But in contrast to the record yields HMC enjoyed from 1990 until the financial crisis, the company’s recent returns—which influence Harvard’s financial strength more than any donor can—now straddle the national average.
Jane L. Mendillo
Jane L. Mendillo, President and CEO of Harvard Management Company, which manages Harvard's endowment.
Money and Morals at HMC
A year of protests and conflicts reveals the divergent conceptions of responsible investment at Harvard.
Finnegan To Replace Rothenberg as University Treasurer
Harvard Corporation member Paul J. Finnegan ’75 will replace Corporation colleague James F. Rothenberg ’68 as Harvard’s treasurer on July 1
Faust’s Total Compensation Rose to Over $1 Million in 2012
HMC President and CEO Jane L. Mendillo earned $4,801,347—a decrease of more than $500,000 from 2011—while Andrew G. Wiltshire, head of alternative assets for HMC, was the company’s top breadwinner with $7,896,277 in compensation.
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.
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.
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.
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.
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.
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.
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.
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.
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
Jane L. Mendillo is the president and executive director of the Harvard Management Company.
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.
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.
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.
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.
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.