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Harvard Management Company (HMC)
Harvard Management Company is an American investment management corporation. It is a wholly owned subsidiary of Harvard University. HMC was established in 1974...
Harvard Management Company (HMC)
Harvard Management Company is an American investment management corporation. It is a wholly owned subsidiary of Harvard University. HMC was established in 1974 to manage the endowment, pension assets, working capital, and non-cash gifts to ensure Harvard University has the financial resources to maintain and expand its leadership in education and research for future generations.
General information
Firm type
Endowment / Foundation
Year founded
1974
Location
Region
North America
Country
United States
City
Boston
Corporate office
600 Atlantic Avenue, Boston, Massachusetts, United States
Principals
N.P. Narvekar
Chief Executive Officer
Rick Slocum
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Harvard Management Company?
N.P. Narvekar serves as chief executive officer. Rick Slocum holds the chief investment officer role. The board includes external members from Blackstone, J.P. Morgan and General Atlantic.
Does Harvard Management Company participate in fund commitments or only direct deals?
The firm uses both approaches. Private equity allocations include fund commitments and direct co-investments. Hedge fund exposure occurs through external managers.
What asset classes receive the largest allocations?
Private equity represents 39 percent. Hedge funds represent 31 percent. Real estate and natural resources form additional core sleeves with documented holdings in timberland and farmland.
Which regions does the portfolio cover outside North America?
Holdings extend to Asia, South America and Africa. Timberland assets are located in Brazil, Romania and New Zealand.
How is Harvard Management Company related to Harvard University?
It operates as a wholly owned subsidiary. The endowment distributions support approximately 40 percent of the university's annual operating budget through the Harvard University Endowment vehicle.
Does Harvard Management Company maintain exposure to cryptocurrencies?
Yes. Positions include iShares Bitcoin Trust valued at $265.8 million and iShares Ethereum Trust valued at $86.8 million.
What investment stages does the firm target in private equity?
Coverage includes buyout, growth and early stage. Ticket sizes range from $50 million to $500 million according to internal parameters.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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