Local government officials criticized the University for failing to fulfill the whole request, referring to what can feel like a “one-sided” sense of appreciation.
The University is working on arrangements to house students from at-risk countries who would not be advised to return home during winter break.
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.
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.
Vice President for Alumni Affairs and Development Tamara E. Rogers ’74 defended the compensation of top managers of the Harvard Management Company in a letter sent late last week to a group of alumni that had previously criticized the University's investment arm.
With the christening of the T. H. Chan School, Harvard has joined the ranks of institutions around the world that have traded naming rights for philanthropy.
For years, Gerald Chan, an alumnus of the School of Public Health who will unveil a $350 million donation to the school Monday afternoon, has used his financial resources to support research in the sciences.
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.
A year of protests and conflicts reveals the divergent conceptions of responsible investment at Harvard.
Harvard Management Company has continued its strategy of investing in natural resources by purchasing millions of dollars' worth of vineyard land in central California.
Although the University has signed onto the United Nations-supported Principles for Responsible Investment, sustainability and investment experts cautioned that the voluntary nature of the principles are closer to a statement of values than policy.
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.
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.
Congressman David L. Camp’s tax reform plan could cost Harvard tens of millions of dollars in endowment taxes if passed.
The task force will be chaired by former University Provost Steven E. Hyman, who, during his tenure as provost, helped oversee the creation of the Office of Sexual Assault Prevention and Response.
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