Harvard Management Co
Endowment Returns Outpace National Average
For the first time since the 2012 fiscal year, Harvard’s endowment grew at a faster rate than the national average for American colleges and universities in FY 2015.
Management Company Sustainable Investing Chief To Depart
Pedicini, who will leave HMC after just two-and-a-half years, departs after her department suffered criticism from Divest Harvard over the Management Company’s steadfast refusal to fully divest the endowment from the fossil fuel industry.
Despite Federal Aid Cuts, Harvard Reports Budget Surplus
Federal grant cuts, private foundations and other non-federal sources have stepped up their contributions to minimize the damage to University operations.
Amy Falls Added to HMC’s Board of Directors
Falls, whose appointment was effective Sep. 28, worked at Morgan Stanley and Phillips Academy Andover before managing The Rockefeller University’s approximately $2 billion endowment. HMC announced the move on its website.
Student Protesters Appeal Dismissal of Divestment Lawsuit
The plaintiffs claim in their 113-page appeal that Harvard has mismanaged its endowment by investing in “abnormally dangerous activities."
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.
