Endowment
Staying Afloat
Saddled with reduced income from a still-depressed endowment, the University is currently managing increased budget responsibilities while wading through the continued ripples of the financial crisis that struck nearly four years ago.
Last-Minute Change to Panel on Harvard Investments Sparks Controversy
In reaction to administrative concern, the Undergraduate Council rescinded its invitation last week to former Harvard lecturer Joshua Humphreys to participate on a panel on Harvard’s investment policies.
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Professor Robert Kaplan, center, Professor of Management Practice at Harvard Business School and acting President and CEO of the Harvard Management Company, says Harvard Management Company must focus on the long-term horizon with the endowment, rather than quarters like with mutual or hedge funds, and make the fund sustainable for future generations on Thursday, April 5 in Emerson Hall at “Investing in Harvard’s Future,” as fellow panelists Professor Rakesh Khurana, left, Marvin Bower Professor of Leadership Development at Harvard Business School, and Professor Allen Ferrell, Greenfield Professor of Securities Law at Harvard Law School, listen.
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Professor Robert Kaplan, Professor of Management Practice at Harvard Business School and acting President and CEO of the Harvard Management Company, says Harvard Management Company must focus on the long-term horizon with the endowment, rather than quarters like with mutual or hedge funds, and make the fund sustainable on Thursday, April 5 in Emerson Hall at “Investing in Harvard’s Future.”
Winthrop Receives Funding for Speaker Series
Winthrop’s Senior Common Room Speaker Series will receive funding from the David B. Perini and Robert W. Woods Memorial Endowment Fund, established by Winthrop House alumni John J. Cullinane ’86 and William N. Thorndike ’86 to commemorate their deceased roommates.
Scoped! Bathroom
The Harvard Law School’s recently opened Wasserstein Hall is now home to a bathroom that is sure to inspire an involuntary giggle from even the most serious of law students.
Talk Dirty to Me
"Starting a discussion about love and sex at Harvard can be like doing a female condom demonstration—a little awkward, hard to insert, sometimes squeaky, but ultimately rewarding," said Samantha A. Meier '12 during a meeting to discuss the first ever Sex Week at Harvard, which will take place from March 25 to 31.
Exclusive Interview with Crimson Cocks Founder
Avid readers of I Saw You Harvard may have heard of Crimson Cocks, a tumblr featuring reader-submitted photos of Harvard men and their junk. We scored an exclusive Yahoo-chat interview with the third-year Harvard student behind the blog.
Harvard’s Equity Holdings Drop by 24 Percent in Last Quarter
Harvard University’s directly held U.S.-traded securities decreased in value from $1.2 billion to $921 million in the last quarter, one of the largest drops in recent history.
Endowments Around the Ivies
With much talk focusing on Harvard posting impressive returns on their endowment, bringing the value of investments to $32 billion, it's natural to wonder how the other Ivys stack up. While each institution increased their holding with consistent returns, Harvard's total endowments still dwarfs its Ivy neighbors.
Analysis: Despite Performance, HMC Portfolio To Be Tested Over Next Fiscal Year
Harvard’s endowment returns of 21.4 percent in fiscal year 2011, announced last week, beat benchmarks and were the highest in recent memory.
