Harvard University endowment

Harvard Management Company, Inc.
IndustryInvestment management
Founded1974 (1974)
Boston, Massachusetts
Key people
N.P. “Narv” Narvekar
AUMIncrease US$ 53.2 billion (FY 2021)[1]
OwnerHarvard University

The Harvard University endowment (valued at $53.2 billion as of June 2021)[1] is the largest academic endowment in the world.[2][3] Its value increased by over 10 billion dollars in fiscal year 2021, ending in the largest sum in its history.[1] Along with Harvard's pension assets, working capital, and non-cash gifts, it is managed by Harvard Management Company, Inc. (HMC), a Harvard-owned investment management company.[4]

  1. ^ a b c "Harvard's Endowment Soars to $53.2 Billion, Reports 33.6% Returns". The Crimson. 2021-10-14. Retrieved 2021-10-14.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Ivy League Endowments 2015: Princeton University On Top As Harvard Struggles With Low Investment Return". Retrieved June 26, 2020.
  3. ^ "Is Taxing Harvard, Yale and Stanford the Answer to Rising College Costs?". May 4, 2016. Retrieved June 26, 2020.
  4. ^ Harvard Management Company (2015). "About HMC". Retrieved June 26, 2020.

From Wikipedia, the free encyclopedia · View on Wikipedia

Developed by Nelliwinne