Crimson staff writer
Christine Y. Cahill
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.
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.