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
Celebrating Harvard’s Divestment Decision, Fossil Fuel Divest Organizers Lay Out Next Steps
Fossil Fuel Divest Harvard plans to encourage the University to invest in green economic initiatives after Harvard’s surprise announcement that it intends to divest from fossil fuels.
Harvard Endowment Linked to Contentious Battle Over California Olive Oil Labeling
Harvard became entangled in a feud over olive oil earlier this year when the California Legislature moved to regulate how the community is labeled — in part in response to the business practices of a company previously owned by Harvard Management Company.
Divest Harvard Kicks Off In-Person Semester with Rally Outside University Hall
Roughly 80 student protestors with Divest Harvard — a student organization calling for the University to sell its investments in the fossil fuel industry — staged a “visual waterline” outside University Hall to represent the rally’s focus on rising sea levels.
Harvard Student Agencies to Acquire Trademark Tours
Harvard Student Agencies is set to acquire Trademark Tours, the agency known for its flagship “Hahvahd” campus tour, according to a press release Wednesday.
Harvard Declines Federal Pandemic Aid For Third Consecutive Time
Harvard will not accept federal aid from the American Rescue Plan Act, the federal stimulus package passed in March — the third time the University has refused rescue funds since the start of the pandemic.
Mass. State Reps. Introduce Bill Seeking To Compel Harvard To Divest From Fossil Fuels
Massachusetts State Reps. Michael L. Connolly and Rep. Erika Uyterhoeven introduced a bill this week that would seek to use the state’s constitutional oversight authority to compel Harvard to divest its holdings in the fossil fuel industry.
Bacow Made $1.2 Million During First Full Year of Presidency, Financial Disclosures Show
University President Lawrence S. Bacow earned $1,224,889 in 2019, his first full year as Harvard’s president, according to financial documents filed by the University earlier this month.
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.
