Andrew J. Zucker
Harvard Management Company announced Sanjeev Daga will take the helm over the University’s $39.2 billion endowment as the firm’s chief operating officer.
Bacow recently met with an official from the Treasury Department, which is responsible for developing regulations for the new endowment tax.
While some big-ticket donors say the ongoing admissions lawsuit won’t change their giving patterns, fundraising experts are divided on the issue.
Amid a structural overhaul, HMC has kept mum about its number of employees. The silence is characteristic of an organization that is often a black box.
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.
Pressley said rhetoric surrounding Massachusetts Senator Warren’s Native American ancestry deflects attention from more important conversations.
The Columbia Investment Management Company, which manages the New York school’s finances, announced that the gains brought its total endowment to $10.9 billion.