Crimson staff writer
Thomas J. Mete
Latest Content
Critics Says Harvard’s Endowment Is Underperforming and Overly Secretive. Is It?
The lackluster performance of Harvard’s endowment — the largest in the world — has sparked concerns about the stewardship and transparency of the endowment under Harvard Management Company CEO N.P. “Narv” Narvekar.
Harvard Management Company CEO Receives 6.9% Pay Cut Over Poor Investment Returns
The Harvard Management Company cut the pay of Chief Executive Officer N.P. “Narv” Narvekar by 6.9 percent in 2022 after the endowment had its third-worst annual investment results in the last 20 years.
The State Legislature Is Considering an Endowment Tax. Experts Say It Could ‘Cripple’ Harvard
The Massachusetts state legislature is set to move ahead later this month with a university endowment tax bill that some experts described as potentially catastrophic for academic institutions like Harvard and MIT.
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.
