Crimson staff writer

Luke W. Vrotsos

Latest Content

Harvard-Affiliated Hedge Fund to Shut Down

The fund announced its decision to “terminate the business of the funds and wind up its affairs” in an April letter to investors, but did not specify the precise reason the fund is closing, the Wall Street Journal reported last week.

In Years Since 2008 Recession, Harvard Paid Down Debt, Built Reserves

Harvard has reduced its debt load by roughly $1 billion and increased its reserves in preparation for a potential future recession, University Chief Financial Officer and Vice President for Finance Thomas J. Hollister said in an interview Wednesday.

Harvard Invests Millions in New Cryptocurrency

Harvard Management Company is now investing in a new cryptocurrency, Blockstack, according to Securities and Exchange Commission filings released Wednesday, a move some experts have said is still unusual for investors of its magnitude.

After Local Outcry, a Harvard-Owned Vineyard Project Faces Environmental Review

Among some of the corporations that have expanded into the region in recent years is an unlikely investor — the Harvard Management Company. HMC, the University’s investment arm, oversees Harvard’s nearly $40 billion endowment.

Harvard Invests Heavily in Tech Stocks Compared to Other Top Endowments

Harvard Management Company, the University’s investment arm, invests more heavily in technology companies than the other four largest university endowments in the country, according to the most recent U.S. Securities and Exchange Commission filings.

Harvard Raised Record-Breaking $1.42 Billion in FY 2018

Harvard raised $1.42 billion in fiscal year 2018, the University’s largest-ever annual fundraising sum, and a higher education record. The total represents a more than 10 percent growth over its fiscal year 2017 donation income.