Harvard Management Co
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.
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.
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.
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.
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.
Amid Volatility, Experts Say Management Company Should Hold Course
Finance experts say that despite both domestic and international market volatility, the Harvard Management Company should stay its course and not make drastic changes to investment portfolio.
Wiltshire Will Leave Harvard Management Company
Andrew G. Wiltshire joined HMC—the University’s investment arm that oversees its $35.9 billion endowment—in 2001 as a natural resource specialist.
Study: University Could Lose $108 Million Annually If It Divests
The study, funded by a lobby organization for the petroleum industry, examined the cost of divestment for Harvard and four other universities.
Harvard Management Company Elects Two New Board Members
A former Federal Reserve board governor and a co-founder of the Los Angeles-based Canyon Partners hedge fund joined the board in July.
Harvard's Controversial Romanian Forest Sold to Ikea Group
The move distances Harvard from a corruption case involving one of the contractors who helped oversee the land.
Rothenberg, Longtime Corporation Member, Dies at 69
As Harvard’s treasurer and a member of the Harvard Corporation, James F. Rothenberg '68 remained intimately connected to the University he loved, advising its leaders and helping manage its money, until his death Tuesday. He was 69.
Returning to High Returns
High expectations await Stephen Blyth, Harvard Management Company’s new CEO.
Former HMC President and CEO Mendillo
After helping Harvard’s endowment recover from a global financial crisis, Jane L. Mendillo left her position as Harvard Management Company President and CEO at the end of 2014.
Stephen Blyth
Stephen Blyth, pictured at the Phi Beta Kappa Literary Exercises in 2013, assumed the role of president and chief executive officer of Harvard Management Company in January.
HMC Executives Saw Compensation Increase from 2012 to 2013
Since-promoted Harvard Management Company president and CEO Stephen Blyth received $11.5 million in compensation in 2013, about double his compensation of $5.3 million in 2012.
Judge Issues No Final Decision on Divest Lawsuit
The plaintiffs, who call themselves the Harvard Climate Justice Coalition, allege that Harvard is mismanaging its endowment in “abnormally dangerous activities.”
Video: Top 10 Stories That Shaped 2014
2014 was a year of change and controversy as Harvard affiliates reacted to events on campus and across the nation. In this feature, Crimson Multimedia uses photo and video to recap the 10 biggest stories of 2014.
In Sit-Down, Faust Looks Back at 2014
In her final interview of the year with The Crimson, Faust reflected on her role in several hot-button campus issues, including sexual assault policies and protests regarding two controversial non-indictments.
Why HMC?: The Students Who Work for Harvard's Endowment
HMC has established itself as a unique alternative to more traditional finance internships, offering students an educational introduction to financial employment and an opportunity to further the University’s mission.
Riding Fundraising Wave, Harvard Posts Small Surplus
Harvard’s small surplus is a move into the black after recent years of deficits large and small. The progress was largely fueled by the first public year of fundraising for the Harvard Campaign.
Univ. Endowment Performance Below Average, According to Nat’l Study
Harvard's endowment was outperformed by the average institution according to an study of 426 schools by the National Association of College and University Business Officers and Commonfund Institute.
Khurana as HBS Professor
From left, Dean of Harvard College Rakesh Khurana sits with professors Robert Kaplan and Allen Ferrell to discuss the Harvard Management Company in Emerson Hall on April 4, 2012.
Stephen Blyth Named Next President and CEO of Management Company
Blyth, who is currently a managing director and head of public markets at HMC as well as a professor of statistics, will assume the role Jan. 1, 2015.
Stephen Blyth
Stephen Blyth, pictured at the Phi Beta Kappa Literary Exercises in 2013, was named the next president and CEO of Harvard Management Company on Wednesday.
Endowment Grows to $36.4B with 15.4 Percent Return
The investment gains leave Harvard’s endowment just short of its $36.9 billion peak, which was reached in June of 2008, before the global financial crisis.