The group wants to sever Harvard's "financial ties to the prison-industrial complex by advocating for... total divestment from all corporations whose existence depends on the capture, caging, and control of human beings."
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.
A University investment in Brazilian farmland could face a lawsuit as prosecutors review allegations that a Harvard-linked company does not rightfully own the land.
The money will come from Harvard’s endowment; the Boston firm slated to receive the millions dollar-strong backing from the University is Evolution Credit Partners.
Harvard Management Company sold shares of “ProShares Short VIX Short-Term Futures” valued at $11.3 million in the fourth quarter of 2017 ahead of a dramatic market dip.
Instead of using hedge funds to manage its money, the University should shift half of its $37.1 billion endowment into lower-cost funds tracking the S&P 500, the letter’s signatories argued.
Executives Geetanjali Gupta ’00 and Richard L. Hall ’90 will both leave Harvard Management Company in February, on the heels of a year of significant restructuring at HMC.
The $126 million construction project, underway since late 2015, included several new buildings added to the center of campus.
“The fear that is present in this poll could fuel the upending of the Washington establishment as we know it,” said John Della Volpe, director of polling at Harvard University’s Institute of Politics.
“I think journalists are attracted to this profession because we believe in its accountability,” Gibbs said, “but I think that attitude may foster a bias against the positive.”
“Our standard for our president shouldn’t be, ‘Anything short of a felony is okay,'" she said.
“Political forces have been playing against the angst that the American people feel… the problem is the gains from globalization has not been broadly shared.”
Black attempted to highlight common misconceptions about the white nationalist movement, especially the misconception that most white nationalists are poor southerners.
Four former Obama administration national security officials criticized the Trump administration’s foreign policy at the Institute of Politics Monday night.
“If we had healthy political parties right now, there would be an answer to Donald Trump," Scarborough said.