University Finances


Harvard Bolsters Investments in Google, Semiconductor Industry

The Harvard Management Company shored up its investments in the technology industry last quarter, boosting its shares of Alphabet — the parent company of Google — by nearly 40 percent while increasing its holdings in the semiconductor companies.


GOP Congressman Takes Aim at Harvard’s Potential Endowment Links to Chinese Companies

U.S. Representative Gregory F. Murphy (R-N.C.) called on Harvard to disclose and divest its endowment from any potential holdings in Chinese companies deemed a threat to national security by the federal government in a letter to the school last week.


Divest Harvard Releases Report Calling for ‘Reinvestment,’ University Governance Reform

Fossil Fuel Divest Harvard — a student and alumni group that for years advocated that the University divest its endowment from fossil fuels — released a report last week calling on the school to invest more in environmental causes and local municipal governments and to reform its governing boards.


Harvard CFO Says the University’s Revenues Have ‘Rebounded’ to Pre-Pandemic Levels

Vice President for Finance and Chief Financial Officer Thomas J. Hollister said the University’s revenues have “rebounded” to pre-pandemic levels, placing Harvard in a “healthy” financial condition, in an interview last Thursday.


IT Oversight Left Thousands of Harvard Internal Files Vulnerable — Again

Last fall, a massive security oversight allowed anyone with a Harvard key access tens of thousands of administrative files. Up until recently, a second data insecurity allowed Harvard affiliates to still view thousands of documents.


Endowment Scraps Apple, Slashes Facebook Holdings in Fourth Quarter

HMC’s acquisitions and liquidations were reported in its latest filings with the Securities and Exchange Commission, which requires investment managers who oversee more than $100 million in assets to disclose their public securities portfolio each quarter.


Harvard Management Company Operations Set to Become Carbon Neutral

The Harvard Management Company will be carbon neutral in its internal operations for fiscal year 2022 — a first among university endowment offices in the United States — according to the company report released Thursday.


Ten Stories That Shaped 2021

At Harvard, 2021 was a year marked by change. The school’s long-awaited return to in-person operations injected new life into a campus that had been left dormant for over a year by Covid-19. And in an unexpected shift, the University announced its intention to divest its endowment from fossil fuels after a decade of public pressure. Separately, faculty controversies — including a federal conviction and a high-profile departure — ignited debates that rippled across academia. Below, The Crimson looks back at the 10 stories that shaped the last year at Harvard.


University CFO Says Harvard ‘Moving in the Right Direction,’ Despite Pandemic Costs

Harvard chief financial officer Thomas J. Hollister said the University’s finances are “moving in the right direction” in a Wednesday interview, though he cautioned that officials remain alert in the ever-changing landscape of the Covid-19 pandemic.


Harvard’s Shareholder Panel Votes On Three Facebook Governance Measures

Harvard’s Committees on Shareholder Responsibility voted on three resolutions presented to Facebook shareholders during the last fiscal year, according to a report published earlier this month.


Harvard Management Company Sells Holdings in Tech, Increases Facebook Investments in Third Quarter

HMC sold its holdings in several technology and pharmaceutical companies while increasing its investments in Facebook in the third quarter of 2021.


Despite Historic Returns, Harvard Endowment Still Trails Ivy League Peers

Though the Harvard Management Company reported record-breaking returns last Thursday, several financial experts said it still lags behind the performance of key financial indices and its peer institutions.


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