Market Moves April 25, 2025 Harvard Exploring $1B Secondaries Market Sale Jefferies is reportedly advising the university's endowment on a sale to Lexington Partners.
Asset Allocation October 17, 2024 Harvard Assets Reach $53B With 9.6% Return, Endowment Remains World’s Largest Harvard Management Co. CEO Narvekar attributes returns to public equities, while alternatives lagged.
Asset Allocation October 23, 2023 Harvard Endowment Returns 2.9%, Outperforming Many Peers Venture capital investments dragged down returns in a muted year for alternatives.
Asset Management Culture October 26, 2020 Harvard Endowment CEO Goes from ‘Not Pleased’ to ‘Proud’ Three years into his five-year transition plan, Narv Narvekar says the ‘signs are encouraging.’
Asset Management Culture September 30, 2020 Harvard’s Endowment Returns 7.3% for the 2020 Fiscal Year The university cautioned the strong returns may not be enough to blunt the financial impact of the pandemic.
Asset Management Culture June 11, 2020 Harvard Says It’s Not Planning Layoffs, But Offers Early Retirement Packages Other cost-saving proposals at endowment champ: voluntarily reduce vacation time or work hours.
Asset Management Culture May 6, 2020 Harvard Forecasts Big COVID-19-Related Losses and Enters Cost-Saving Mode University projects a $750 million revenue shortfall in FY21 in light of the economic fallout of the coronavirus.
Asset Management Culture April 27, 2020 Too Rich to Need It? Top Colleges Back Away from US Virus Money Harvard, Penn, Yale act after Trump administration says subsidies should go to less wealthy institutions.
Regulation February 19, 2020 Stanford University Owes $43 Million Endowment Tax Bill The university said it is actively working to repeal or limit the 1.4% tax on returns.
Asset Allocation February 12, 2020 Harvard Faculty Divestment Vote Unlikely to Sway Endowment The university’s management firm has resisted pressure to divest its $41 billion portfolio from fossil fuels.
Newsmakers September 20, 2017 Harvard Endowment Returns ‘Disappointing’ 8.1% in 2017 CEO says portfolio has ‘deep structural problems.’