Reviewed by hand · Published dailyAllocator CareersUpdated Jul 4, 2026
← All roles

Endowment1

Harvard University / Harvard Management Company

university endowment1 — Boston, Massachusetts1.

Overview

Harvard Management Company invests Harvard University’s endowment and related financial assets to support the university’s teaching and research mission.1

The endowment provides a significant share of annual operating revenue for Harvard schools and programs.1

Investment program

Estimated AUM
$56.9B as of Jun 30, 20252
Capital pool
university endowment1
Investment model
Narvekar was the Managing Director at the University of Pennsylvania Investment Office.3
Investment approach
Read More Learn More Long-term Results Since HMC was founded in 1974, annual distributions from the endowment to Harvard University have grown significantly and now account for more than one-third of the University’s annual operating budget.1
Spending support
FY2025 financial report states endowment distributions were nearly 40% of operating revenue.1
Spending policy
Not listed yet
Asset allocation
Public evidence references these asset classes or allocation areas: private equity, venture capital, private credit, fixed income.4
Performance
FY2025 endowment return reported at 11.9%.5
Governance
We believe that identifying and monitoring environmental, social, and governance factors in our investments aligns with our mission to provide strong, long-term results.1
Investment team
GENERALIST ANALYST PROGRAM HMC regularly hires recent college graduates to participate in the Generalist Analyst Program on our investment team.6
Unfunded commitments
Not listed yet
Source freshness
Last verified Jul 4, 2026 · Verified

Sources

Last verified Jul 4, 2026 from public career and organization materials.

Fact notes

  1. Website (hmc.harvard.edu)Parent organization overview, Pool purpose, Institution type, Capital pool, Headquarters, Investment approach, Spending support, Governance, Investment office page · checked Jul 3, 2026
  2. Annual report (finance.harvard.edu)Estimated AUM · checked Jul 3, 2026
  3. Website (hmc.harvard.edu)Investment model · checked Jul 4, 2026
  4. Website (hmc.harvard.edu)Asset allocation · checked Jul 4, 2026
  5. Annual report (hmc.harvard.edu)Investment performance · checked Jul 3, 2026
  6. Job posting (hmc.harvard.edu)Investment team · checked Jul 4, 2026

Reports and filings

Profile and job sources

Open roles

0 open · Careers page →

No open roles right now

This public organization profile is available even when no roles are open.