Harvard Management Company, the firm that oversees the University's multi-billion dollar endowment, recently invested in “at least one cryptocurrency fund,” according to a report published by The Information last month.
After Harvard's endowment saw the second-worst rate of return on investment in the Ivy League, HMC CEO N.P. “Narv” Narvekar said in the latest annual financial report that he is "not pleased" with the past year's returns.
The returns, bringing the endowment's total value to $39.2 billion, mark an improvement from last year’s return of 8.1 percent and a serious turn-around from the loss of $2 billion in fiscal year 2016.
In their first official meeting at the helm of the Undergraduate Council, UC President Catherine L. Zhang ’19 and UC Vice President Nicholas D. Boucher ’19 introduced a piece of legislation that brings together student groups to throw a social event.