Harvard Management Co


Harvard Says the Endowment Tax Is a Blow to Higher Education. Is It?

Harvard has decried a bill passed under the Trump administration that includes a tax on wealthy university endowments. But is the impact of the provision as significant as the University claims it to be?


Harvard Bolsters Investments in Google, Semiconductor Industry

The Harvard Management Company shored up its investments in the technology industry last quarter, boosting its shares of Alphabet — the parent company of Google — by nearly 40 percent while increasing its holdings in the semiconductor companies.


Harvard Management Company Endorses Some Environmental Regulations in SEC Letter

The Harvard Management Company advocated for new environmental disclosure rules under consideration by the U.S. Securities and Exchange Commission, while pushing back against the proposal’s broadest reporting mandate in a letter to the SEC.


GOP Congressman Takes Aim at Harvard’s Potential Endowment Links to Chinese Companies

U.S. Representative Gregory F. Murphy (R-N.C.) called on Harvard to disclose and divest its endowment from any potential holdings in Chinese companies deemed a threat to national security by the federal government in a letter to the school last week.


Harvard Endowment Shares of Meta, Google Balloon in First Quarter

The Harvard Management Company more than tripled its shares of Meta Platforms — formerly known as Facebook — as it saw nearly all of its stock holdings decline in value during the first three months of 2022.


‘A Black Hole of Information’: Experts Evaluate Harvard’s Net-Zero Emissions Pledge

As the Harvard Managment Company works toward achieving its pledge, climate and financial experts weighed in on the challenges the company faces, including difficulties obtaining data on and measuring the emissions of its partners.


Endowment Scraps Apple, Slashes Facebook Holdings in Fourth Quarter

HMC’s acquisitions and liquidations were reported in its latest filings with the Securities and Exchange Commission, which requires investment managers who oversee more than $100 million in assets to disclose their public securities portfolio each quarter.


Ten Stories That Shaped 2021

At Harvard, 2021 was a year marked by change. The school’s long-awaited return to in-person operations injected new life into a campus that had been left dormant for over a year by Covid-19. And in an unexpected shift, the University announced its intention to divest its endowment from fossil fuels after a decade of public pressure. Separately, faculty controversies — including a federal conviction and a high-profile departure — ignited debates that rippled across academia. Below, The Crimson looks back at the 10 stories that shaped the last year at Harvard.


University CFO Says Harvard ‘Moving in the Right Direction,’ Despite Pandemic Costs

Harvard chief financial officer Thomas J. Hollister said the University’s finances are “moving in the right direction” in a Wednesday interview, though he cautioned that officials remain alert in the ever-changing landscape of the Covid-19 pandemic.


Harvard’s Shareholder Panel Votes On Three Facebook Governance Measures

Harvard’s Committees on Shareholder Responsibility voted on three resolutions presented to Facebook shareholders during the last fiscal year, according to a report published earlier this month.


Harvard Management Company Sells Holdings in Tech, Increases Facebook Investments in Third Quarter

HMC sold its holdings in several technology and pharmaceutical companies while increasing its investments in Facebook in the third quarter of 2021.


Despite Historic Returns, Harvard Endowment Still Trails Ivy League Peers

Though the Harvard Management Company reported record-breaking returns last Thursday, several financial experts said it still lags behind the performance of key financial indices and its peer institutions.


Harvard’s Endowment Soars to $53.2 Billion, Reports 33.6% Returns

Harvard Management Company returned 33.6 percent on its investments for the fiscal year ending in June 2021, skyrocketing the value of the University’s endowment to $53.2 billion, the largest sum in its history.


Experts Predict Strong Harvard Endowment Returns Ahead of October Report

Several financial experts predicted that the Harvard endowment will post returns of at least 20 percent for fiscal year 2021, which would bring the endowment to its largest sum in history.


Harvard Endowment Linked to Contentious Battle Over California Olive Oil Labeling

Harvard became entangled in a feud over olive oil earlier this year when the California Legislature moved to regulate how the community is labeled — in part in response to the business practices of a company previously owned by Harvard Management Company.


Mass. State Reps. Introduce Bill Seeking To Compel Harvard To Divest From Fossil Fuels

Massachusetts State Reps. Michael L. Connolly and Rep. Erika Uyterhoeven introduced a bill this week that would seek to use the state’s constitutional oversight authority to compel Harvard to divest its holdings in the fossil fuel industry.


CFO Hollister Predicts Harvard’s Second Consecutive Year of Declining Revenues for First Time Since Great Depression

Vice President for Finance and Chief Financial Officer Thomas J. Hollister forecasted in a Tuesday interview with The Crimson that Harvard will experience its second consecutive year of declining revenues for the first time since the Great Depression of the 1930s.


Harvard-Sponsored Hedge Fund TPRV Capital To Shutter Operations

TPRV Capital, LP — a hedge-fund which launched with $400 million in seed capital from Harvard Management Company in 2017 — announced that it will cease operations, liquidate all assets, and return all of its capital to its investors in an update sent to the Securities and Exchange Commission on March 9.


Divinity School Faculty Calls on Bacow, Harvard Management Company to Divest From Private Prisons

Harvard Divinity School faculty voted late last year to approve a statement asking University President Lawrence S. Bacow and the Harvard Management Company to divest Harvard’s holdings in the private prison industry, Divinity School Acting Dean David F. Holland announced Wednesday.


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