Crimson staff writer

Sidney K. Lee

Latest Content

Ivy League Federal Lobbying Expenditure Rose 12% in 2023, Harvard Spent $530,000

Harvard spent $530,000 on lobbying the federal government in 2023, the lowest amount spent by the University in the past nine years.

Harvard Endowment’s Fossil Fuel Investments Drop Below 2%

The Harvard Management Company — which stewards the University’s $50.7 billion endowment — reported the endowment’s investments in fossil fuels have fallen below 2 percent, as the University remains on pace to fully divest from the industry by 2050.

Harvard Attracts Investors, Selling $750 Million in Taxable Bonds

After two credit rating agencies affirmed the University’s AAA rating, Harvard sold $750 million in taxable bonds at an advantageous rate, demonstrating strong investor faith in the school despite weathering a series of scandals last fall.

Harvard’s AAA Credit Rating Reaffirmed by S&P Amid Leadership Crisis and Donor Turmoil

Harvard will maintain its AAA credit rating from S&P, the credit rating agency announced in a report on Thursday, easing concerns that the University could see its rating downgraded amid the ongoing leadership crisis and a growing list of major donors cutting ties with the school.

Harvard Plans $1.65 Billion Debt Financing Amid Donor Turmoil

Harvard announced it is exploring a $1.65 billion bonds sale in an attempt to raise capital through debt financing despite poor macroeconomic conditions, a move that comes after the University faced months of donor backlash.

Harvard Slashes Healthcare Investments, Tech Rises to 98% of Portfolio

The Harvard Management Company increased its direct holdings of Alphabet and Meta and continued its major sell off of biopharma holdings — which now make up less than 1 percent of the portfolio — during the last three months of 2023.

Harvard Endowment Executives Meet with Silicon Valley Investors Amid University Turmoil

Harvard Management Company executives met with leading venture capital and private equity investors in Silicon Valley last week amid investor concerns over the University’s response to the Israel-Hamas war and allegations of antisemitism on campus.

HMC Managing Director Joined Business Leaders and Investors in Exclusive Israel Trip

Managing Director of Investment for the Harvard Management Company, Adam Goldstein, joined 65 business leaders and investors for a five day trip to Israel this week.