All Threads by Date

Breaking: Harvard's Endowment Surges 11.3 Percent to $32.7B!!!

Harvard University's endowment earned an 11.3 percent gain on investments in the most recent fiscal year to surge to $32.7 billion, university officials said. The endowment for the nation's wealthiest university for the fiscal year that ended June 30, however, remains well below the high-water mark of almost $37 billion reached in 2008 before the worldwide financial crisis cost Harvard about $11 billion. Jane Mendillo, president and CEO of Harvard Management Co., which oversees the Ivy League university's investments, said the endowment beat benchmarks and has recovered well since the recession started.


Thread Watcher
Click here if you are using an iPhone or iPad

DataLounge get your fix of gay gossip, news and pointless bitchery.



Talking to DataLounge servers.
Please wait a moment...