 | |
| Company type | Private |
|---|---|
| Industry | Investment management |
| Founded | 1974 |
| Headquarters | Boston, Massachusetts, U.S. , U.S. |
Key people | N.P. "Narv" Narvekar (CEO) |
| AUM |  US$49.444 billion (FY 2022)[1] |
| Owner | Harvard University |
| Website | www.harvard.edu www |
The Harvard University endowment, valued at $49.444 billion as of June 30, 2022[update],[1] is the largest academic endowment in the world.[2][3] Its value increased by over 10 billion dollars in fiscal year 2021, ending the year with its largest sum in history.[4] Along with Harvard's pension assets, working capital, and non-cash gifts, the endowment is managed by Harvard Management Company, Inc. (HMC), a Harvard-owned investment management company.[5]
- ^ a b "U.S. and Canadian Institutions Listed by Fiscal Year (FY) 2022 Endowment Market Value and Change in Endowment Market Value from FY21 to FY22" (PDF). National Association of College and University Business Officers (NACUBO). April 21, 2023. Retrieved December 18, 2023.
- ^ "Ivy League Endowments 2015: Princeton University On Top As Harvard Struggles With Low Investment Return". International Business Times. 7 October 2015. Retrieved June 26, 2020.
- ^ "Is Taxing Harvard, Yale and Stanford the Answer to Rising College Costs?". Wall Street Journal. May 4, 2016. Retrieved June 26, 2020.
- ^ Virginia L. Ma and Kevin A. Simauchi (2021-10-14). "Harvard's Endowment Soars to $53.2 Billion, Reports 33.6% Returns". The Crimson. Retrieved 2021-10-14.
- ^ Harvard Management Company (2015). "About HMC". Retrieved June 26, 2020.
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