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
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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
‘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 Completes 'Five Year' Restructuring More Than One Year Early
Harvard Management Company has completed its “five-year” organizational and investment restructuring plan more than one year ahead of schedule, HMC CEO N.P. “Narv” Narvekar announced in a message to University affiliates Tuesday.
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.
