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The story of Harvard Management Company

Harvard’s subsidiary that invests its endowment and other financial assets.

Harvard Management Company. Harvard’s subsidiary that invests its endowment and other financial assets.

Harvard University

Jul 2024 – Jun 2025

Harvard Management Company funded Harvard University. Endowment distribution, $2.5B.

The distribution comes from the endowment funds the company invests, not from the company itself. Harvard’s financial report puts it at 37 percent of operating revenue; the company’s letter says nearly 40 percent.

Jul 2025 – Jun 2026

Harvard Management Company funded Harvard University. Endowment distribution, $2.6B.

The distribution comes from the endowment funds the company invests, not from the company itself.

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Pictures, from Wikimedia Commons: Harvard University, chensiyuan, CC BY-SA 4.0.