Harvard Management Company

New at HMC

Amy Falls Elected to Harvard Management Company Board of Directors

HMC | October 2015

Amy Falls, chief investment officer and vice president for investments at The Rockefeller University, has been elected to HMC’s Board of Directors. Stephen Blyth stated: “We are delighted to welcome Amy to our team. She brings valuable insights and deep expertise in investment management. We have set ambitious investment objectives and I look forward to working with Amy and the HMC Board to deliver improved investment performance for Harvard University.”

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Harvard Endowment posts 5.8% Return

HMC | September 2015

Harvard’s endowment posted a 5.8% return and was valued at $37.6 billion for the fiscal year ended June 30, 2015. “We have set ambitious investment objectives and undertaken significant initiatives designed to deliver improved investment performance for Harvard University,” Stephen Blyth, HMC’s president and chief executive officer, said. Paul Finnegan, chair of the HMC board of directors, said, “Stephen and his team are moving quickly to strengthen the organization and better position the portfolio. I am confident Stephen is making the right changes to set a course for enhanced performance in the years ahead.”

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Good for Harvard, Good for the World: Why HMC Embraced ESG with a Passion

Top1000Funds.com | October 2014

Jane Mendillo, president and CEO of HMC, told the Fiduciary Investors Symposium at Harvard University that its embrace of ESG factors and the PRI was driven by the changing definition of what it means to be a fiduciary investor, and by a conviction that investing sustainably will improve its portfolio returns.

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Stephen Blyth to Lead Harvard Management Company

HMC | September 2014

Harvard University announced that Stephen Blyth will become the next president and chief executive officer of Harvard Management Company. Blyth currently serves as Managing Director and Head of Public Markets at HMC, which he joined in 2006. As an alumnus of Cambridge University and Harvard, Blyth has also served in recent years as a Professor of the Practice of Statistics in Harvard’s Faculty of Arts and Sciences. He will assume the presidency of HMC as of January 1, 2015, succeeding Jane Mendillo.

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Harvard University Endowment Delivers 15.4% Return for Fiscal Year 2014

HMC | September 2014

Harvard University announced that its endowment posted a 15.4 percent return and was valued at $36.4 billion for the fiscal year ended June 30, 2014. The fiscal year 2014 endowment return was 82 basis points in excess of the 14.6 percent return on the benchmark Policy Portfolio.

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HMC Names Michael Ryan Head of Public Equity

HMC | August 2014

HMC announced that Michael Ryan has been appointed head of public equity, effective September 2014. Ryan, who has significant investment leadership experience in global equities, will play a lead role in the strategy and performance of HMC’s global equity portfolio. He will oversee and develop internal investment activity and continue to evolve HMC’s suite of external management relationships.

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Drew Faust on Financing
Higher Education

Bloomberg TV | June 2014

Harvard University President Drew Faust sat down for a TV interview with Bloomberg while attending the Aspen Ideas Festival. In the interview, President Faust discusses the evolution of higher education and the growing importance of the endowment in supporting the University’s work.

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HMC’s 40th Anniversary:
Message from the CEO

HMC | June 2014

In March 1974, the Harvard Corporation embarked on a bold experiment, establishing a dedicated investment management organization serving a single client: Harvard University. This spring, HMC turned 40 years old, and whether we view that as a birthday or an anniversary, it marks an opportunity to reflect on who we are, how we got here, and where we’re headed as an organization.

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