Harvard Management Company

HMC at 40

About Us

A Pioneer in Investment Management

Our singular mission is to support the goals of Harvard

A Pioneer in Investment Management - Our singular mission is to support the goals of Harvard

Formed in 1974, HMC manages Harvard University’s endowment and related financial assets. Led by our President and CEO, Jane Mendillo, HMC’s singular mission is to produce long-term investment results to support the educational and research goals of the University.

HMC pioneered and continues to implement a unique approach to endowment management. Under our “hybrid model” of investing, we manage money through internal investment professionals, as well as through relationships with third-party managers. This approach provides depth and breadth to HMC’s market perspectives. Our Public Markets team, led by Stephen Blyth, brings top-quality investment management to HMC's trading platform. Our Alternative Assets team, led by Andy Wiltshire, ensures access to cutting edge capabilities from specialized teams around the world. Active management through both these platforms permits HMC to be nimble and responsive to changing market conditions.

Management at HMC also devotes considerable time, thought, and effort to managing the risks inherent in our complex portfolio. Led by our Chief Risk Officer, Jake Xia, HMC seeks to continuously improve our risk models and analytical functions.

HMC has also built a world-class operational structure to support our investment activities. Led by our Chief Operating Officer, Bob Ettl, our outstanding support staff brings a wide range of expertise to our portfolio management. These functions include operations and corporate services, as well as information technology to develop and implement the systems necessary to support these activities.

"Harvard Management Company is unique among investment management firms in our singular mission to support Harvard by investing and enhancing the University’s financial resources for the long term." Jane L. Mendillo
President and
Chief Executive Officer