Harvard Management Co
Harvard Professors Discuss University Investments
Harvard professors discussed the challenges of maximizing returns on the University’s investments while simultaneously integrating environmental, social, and governance considerations at a panel hosted by the Undergraduate Council yesterday.
SLAM Celebrates University Decision Not To Reinvest in HEI
The Student Labor Action Movement held a celebration Tuesday afternoon in response to Harvard’s recent decision not to reinvest in HEI Hotels & Resorts, a hotel chain that has come under fire for repeated allegations of failure to comply with labor regulations.
Harvard Will Not Reinvest in HEI Hotels & Resorts
Harvard Management Company has chosen not to reinvest in funds managed by HEI Hotels & Resorts, according to an email sent by HMC President and CEO Jane L. Mendillo to University President Drew G. Faust.
Deconstructing the Harvard Brand
The Harvard brand can be viewed as a blend of “enduring,” “legacy,” and “emerging” attributes, reflecting some qualities which are at odds with what the University experience has become for many students.
Harvard U.S. Equities See 14 Percent Rise in Value
The value of Harvard’s U.S.-traded equities rose by 14 percent in the first quarter of fiscal year 2012 as U.S. markets continue to recover from the financial crisis, according to the University’s filings with the Securities and Exchange Commission Friday.
HEI: A First Step
As one of the largest investors in HEI Hotels and Resorts, Harvard has come under criticism for its connection to a company facing accusations of labor rights violations and operates four hotels under boycott. We are pleased that Harvard has finally agreed to launch an investigation into the ethics of its investment in HEI.
Harvard To Review HEI Hotels & Resorts Business Practices
Harvard Executive Vice President Katherine N. Lapp announced Friday that the Harvard Management Company will review business practices of HEI Hotels & Resorts, a controversial company which has come under fire from Occupy Harvard and other student advocacy groups for allegedly unjust labor practices.
Ed Forst, Former Harvard VP, Leaves Goldman
Former University vice president Edward C. Forst ’82 will retire from his position as co-head of investment management at Goldman ...
Yale Promises Not to Reinvest in HEI
Occupy Harvard’s push for the University to not reinvest in HEI Hotels & Resorts—a corporation under investigation by the National Labor Relations Board for poor labor practices—gained momentum last week when Yale University announced that it would not reinvest in the corporation.
HMC May Sell $1.5 Billion in Illiquid Assets
Harvard will sell $1.5 billion in private equity assets, as the Harvard Management Company continues its efforts to reduce the University’s illiquid holdings.
Harvard’s Equity Holdings Drop by 24 Percent in Last Quarter
Harvard University’s directly held U.S.-traded securities decreased in value from $1.2 billion to $921 million in the last quarter, one of the largest drops in recent history.
Analysis: Despite Performance, HMC Portfolio To Be Tested Over Next Fiscal Year
Harvard’s endowment returns of 21.4 percent in fiscal year 2011, announced last week, beat benchmarks and were the highest in recent memory.
Harvard Endowment Jumps 21.4 Percent
Harvard’s endowment posted a 21.4 percent gain for fiscal year 2011, bringing the endowment’s value up to $32 billion.
Harvard's Equity Holdings Decline in Fourth Quarter
The total value of Harvard's directly held, U.S.-traded equities dropped 13 percent to $1.2 billion last quarter, as Harvard Management Company continued to invest in emerging markets.
HMC Loses Senior Hire to Private Sector
John Devir, a highly touted recent hire, will not be joining Harvard Management Company and has instead accepted an offer at a California firm.
Experts Question Report Alleging Harvard's Involvement in Land Grabs
Amidst accusations in a recently published report that Harvard is investing in a “land-grabbing” hedge fund, experts in the field are questioning the document's accuracy.
Drew Faust Took Home $874,559 in Salary, Benefits Last Year
University president Drew G. Faust earned $874,559 in salary and benefits last year according to the University’s federal tax filing.
Harvard Management Company Announces New Hire
Harvard Management Company, which oversees the University’s endowment, announced yesterday that it has hired John Devir, a former managing director and head of equity strategies at Barclays Capital, as its managing director of stocks in developed markets.