Crimson staff writer

Brandon J. Dixon

Latest Content

University Finances

HMC Will Invest At Least $300 Million to Spun-Off Hedge Fund

​Months after announcing it would radically revise its investment strategy by the end of the fiscal year, Harvard Management Company will invest at least $300 million into a hedge fund formed by some of its former money managers.

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University Finances

David Rockefeller, Major Harvard Donor, Dies at 101

David Rockefeller '36 donated at least $140 million to the University, making him one of Harvard's most generous financial supporters.

Chaucer Wants to Party
FlyBy Blog

ICYMI: Harvard Thinks Reading Chaucer Together is Lit

What is Harvard thinking? We definitely don't think reading literature from the Middle Ages is a good social event alternative.

Central Administration

Harvard Will Pay HMC Chief $6 Million Per Year

The chief executive of Harvard Management Company, will receive nearly $6 million in compensation from the University per year over the next three years.

University Finances

Alumni Group Critiques Harvard’s Investment Strategy in Letter to Faust

​Members the Class of 1981 suggested significant changes to Harvard Management Company’s investment philosophy in a letter to Faust.

Returns and Endowment Size (FY2006-FY2016) Graph
Central Administration

Higher Fees at HMC 'Worth Undertaking,' Faust Says

"The sense was that the fees that would be charged by external managers in relationship to the insight and success of external managers was worth undertaking,” Faust said.

Central Administration

Three Investment Managers To Depart HMC to Form Hedge Funds

Weeks after the Harvard Management Company announced its intent to lay off nearly half of its 230-person staff, three of the firm’s investment managers will leave the company to form their own hedge funds, according to Bloomberg.

Federal Reserve Bank of Boston - HMC Office
University Finances

Harvard Alumnus Brian Rogers Named to Harvard Management Co. Board

Brian C. Rogers ’77, a prominent investment manager and philanthropist, has joined the Harvard Management Company's board of directors.

Federal Reserve Bank of Boston - HMC Office
University Finances

Some Alumni Encouraged by HMC Changes

While some alumni said they are cautiously optimistic about the changes at HMC, others remain focused on compensation structures at the firm.

Capital Campaign Cover Color
Fundraising

Harvard Raises $1.19 Billion in Fiscal Year 2016, Topping Stanford

Harvard raised $1.19 billion in fiscal year 2016, marking the University's largest fundraising haul in a single year.

Harvard Business School

Businessman Appeals Libel Suit Against Harvard Business Review

An entrepreneur has launched an appeal in a lawsuit he brought against the Harvard Business Review in 2016 that alleged the publication printed libelous information about his career.

Federal Reserve Bank of Boston - HMC Office
Endowment

With an External Real Estate Team, HMC May Face Increased Fees

Experts say that if the real estate team continues to do business with Harvard Management Company as an external management unit, it could earn salaries well above what members of the team drew in at HMC for doing mostly the same job.

Endowment

Harvard's Wealth Lagging Behind Peers

Harvard’s wealth has grown at a slower rate than that of its peer institutions in the past five years, a brief report from Moody’s Investors Service recently found.

Endowment

Harvard’s Endowment Returns Trails National Average, Report Says

Harvard’s endowment grew slower than was average for university endowments in fiscal year 2016, according to a recent report from the National Association of College and Business Officers.

Crime

Police Clear Bomb Threat Near Jefferson Labs

Cambridge Police and the Harvard University Police Department cleared an unconfirmed bomb threat near Jefferson Labs.