Newsmakers
Al Gore Calls on Harvard to Divest from Fossil Fuels
Former US vice president says alma mater’s investments a ‘moral issue.’
Tag: Harvard
Asset Allocation
Op-Ed Scolds Harvard’s ‘Rapacious’ Land Investments
Former overseer Kathryn Taylor, two student advocates call for a ‘new direction’ for endowment investments.
Newsmakers
Harvard Activists Call for Fossil Fuel Divestment
Students, faculty, and alumni mark Earth Day by kicking off ‘Heat Week.’
Corporate Moves
Harvard Endowment Poaches Columbia COO Sanjeev Daga
Daga is reunited with Harvard Management Co. CEO Narv Narvekar.
Risk
Harvard ‘Not Pleased’ with 2018 Performance
CEO Narv Narvekar says it will be a few years before restructuring results will be seen.
Risk
Harvard Endowment Returns 10% in 2018
Improved performance still lags other major universities.
Newsmakers
Harvard Alumni Call for New Investment Strategy
Members of the class of 1969 want the $37.1 billion endowment to be more passive.
Regulation
Endowment Tax Hits Harvard’s Investment Strategy
Dean says university will refrain from making long-term commitments due to 1.4% excise tax.
Corporate Moves
Geetanjali Gupta Named CIO of New York Public Library
Former Harvard endowment exec will manage iconic library’s $1.2 billion in assets.
Asset Allocation
Britt Harris, UTIMCO Nab Harvard’s Head of PE
Rich Hall, who left Texas Teachers’ for Harvard, returns to Texas to join UTIMCO as deputy CIO. Harris says, "There are no near term plans to alter the endowment’s basic asset allocation at this time."
Newsmakers
Harvard Endowment Revamps Investment Approach
Investment management CEO says ‘disappointing’ returns symptomatic of ‘deep structural problems.’
Harvard Management Company Eschews Fossil Fuel Investments
Head of natural resources says endowment is pausing investments in minerals, oil, and gas.