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Crimson staff writer

Kevin A. Simauchi

Crimson staff writer Kevin A. Simauchi can be reached at kevin.simauchi@thecrimson.com. Follow him on Twitter @simauchi.

Latest Content

Massachusetts Hall
Endowment

Bacow Made $1.2 Million During First Full Year of Presidency, Financial Disclosures Show

University President Lawrence S. Bacow earned $1,224,889 in 2019, his first full year as Harvard’s president, according to financial documents filed by the University earlier this month.

Maura Healey Speaks
Endowment

Divest Harvard Meets With Mass. Attorney General’s Office Over Complaint Against University

Organizers from Fossil Fuel Divest Harvard — an activist group calling for Harvard to divest from the fossil fuel industry — met with senior staff members from the office of Massachusetts Attorney General Maura T. Healey ’92 Friday to discuss a legal complaint they filed in March over the University’s investments.

HMC Building
Endowment

Harvard Will Draw Further From Endowment in FY2022 Than Planned, Citing Strong Market Returns

The Harvard Corporation voted last week to draw further from the endowment for fiscal year 2022 than initially planned in light of strong stock market returns.

Thomas Hollister
Endowment

CFO Hollister Predicts Harvard’s Second Consecutive Year of Declining Revenues for First Time Since Great Depression

Vice President for Finance and Chief Financial Officer Thomas J. Hollister forecasted in a Tuesday interview with The Crimson that Harvard will experience its second consecutive year of declining revenues for the first time since the Great Depression of the 1930s.

HMC Building
Endowment

Harvard-Sponsored Hedge Fund TPRV Capital To Shutter Operations

TPRV Capital, LP — a hedge-fund which launched with $400 million in seed capital from Harvard Management Company in 2017 — announced that it will cease operations, liquidate all assets, and return all of its capital to its investors in an update sent to the Securities and Exchange Commission on March 9.

Donors by Gender
Fundraising

Philanthropy’s Glass Ceiling: A Gender Disparity Among Harvard’s Top Donors

Harvard boasts the largest endowment of any university in the world and supplements its finances with hundreds of millions of dollars in donations annually. Despite the scale of Harvard’s philanthropic efforts, a sizable gender disparity persists among the University’s donors.

Iranian Divinity School Student Case
Harvard Divinity School

Divinity School Faculty Calls on Bacow, Harvard Management Company to Divest From Private Prisons

Harvard Divinity School faculty voted late last year to approve a statement asking University President Lawrence S. Bacow and the Harvard Management Company to divest Harvard’s holdings in the private prison industry, Divinity School Acting Dean David F. Holland announced Wednesday.

Mass Hall, Fall 2017
Central Administration

Harvard Could Be Eligible For $25 Million In Relief Funds Under Latest Stimulus Package, Per Report

Harvard may be eligible to receive nearly $25.5 million in aid from the latest federal stimulus package, according to an analysis published Monday by the American Council on Education, a higher education interest group.

Massachusetts Hall, Fall 2017
Endowment

Divestment Activists Allege Harvard’s Fossil Fuel Investments Violate State Law in Complaint to State AG

Activists with Fossil Fuel Divest Harvard filed a complaint with Massachusetts Attorney General Maura T. Healey ’92 on Monday, alleging that Harvard’s highest governing board is violating state law through its continued investments in the fossil fuel industry.

Harvard Management Company
University Finances

Endowment Sells Off Stocks in Major Technology Companies, Invests in Microsoft and Biopharmaceutical Companies in Fourth Quarter

In the final months of 2020, Harvard Management Company sold its shares in multiple major technology companies, including Google’s Alphabet, Inc., and made new investments in others, like Microsoft, while maintaining portfolio growth from the previous quarter.

Harvard Management Company
Endowment

Harvard Management Company Has Reduced Exposure to Fossil Fuels By 80 Percent Since 2008, Per Report

The Harvard Management Company has reduced its investments in fossil fuels by 80 percent since 2008 as it works to achieve net-zero greenhouse gas emissions associated with the University's endowment by 2050, according to a company report published Thursday.

Widener Library
University Finances

Harvard Unions and Activist Groups Express Support for Columbia Tuition Strike

Weeks after student organizers at Columbia University announced a tuition strike to protest their administration’s “flagrant disregard” for proposed university-wide demands, Harvard student activists have not indicated if they will organize a tuition strike of their own.

HMC Building
Endowment

Following Conclusion of HMC’s ‘Five-Year’ Plan, Experts Caution It’s Too Soon Know Long-Term Impact

Experts said that while early indicators of the success of Harvard Management Company’s “five-year” plan are promising, it will take years for the long-term impacts of the plan to become clear.

Harvard Forward
Central Administration

‘One More Step Forward’: Harvard Forward Candidates Qualify for Board of Overseers Election Ballot

For the second year in a row, a slate of candidates backed by Harvard Forward will appear on the election ballot for the Board of Overseers, the organization announced Monday.

Harvard Management Company
Endowment

Harvard Management Company Has Invested in Bitcoin Since 2019, per Report

Harvard Management Company — the firm managing the University’s $41.9 billion endowment — may have bought Bitcoin as early as 2019 from market exchanges, per a Monday CoinDesk report.

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