Harvard’s endowment is a dedicated and permanent source of funding that maintains the teaching and research mission of the University. Established in 1974, Harvard Management Company invests these funds as a single entity, the revenue from which contributes more than one-third of the University’s annual operating budget. Made up of more than 13,000 individual funds invested as a single entity, the endowment’s returns have enabled leading financial aid programs, ground-breaking discoveries in scientific research, and hundreds of professorships across a wide range of academic fields.
Harvard Management Company (Harvard University Investment)
United States
$57
11.90
Narv Narvekar
Rick Slocum
Timothy R. Barakett
14% Public Equities
31% Hedge Funds
41% Private Equity
5% Real Estate
4% Bonds/TIPs
3% Other Real Assets
3% Cash
Asset allocation as of June 30, 2025. All information is as per the most recent annual report or other publicly available data via the fund's website
| Fund Name | Country | AUM ($B) | Articles | More Info |
|---|---|---|---|---|
New York State Common Retirement Fund | United States | $273 | 35 | View Info |
Future Fund | Australia | $163 | 97 | View Info |
California Public Employees Retirement System (CalPERS) | United States | $563 | 312 | View Info |





FIS Harvard 2025