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Harvard's Endowment Needs the Classics

by posted 1year ago 6043 views
The Harvard endowment -- a $37.6 billion treasure chest that is Harvard University's largest financial asset and is the world's biggest academic endowment -- is in need of a steady hand. The latest jolt came when Stephen Blyth recently stepped down as chief executive of the Harvard Management Company, which manages the mammoth endowment. HMC is now on to its sixth CEO since 2005.