A Pioneer in Investment Management
Our singular mission is to support the goals of Harvard
Formed in 1974, HMC manages Harvard University’s endowment and related financial assets. Its singular mission is to help ensure Harvard University has the financial resources to confidently maintain and expand its preeminence in teaching, learning, and research for future generations.
HMC pioneered and continues to implement a unique approach to endowment management. Under our “hybrid model” of investing, we manage money through internal investment professionals, as well as through relationships with third-party managers. This approach provides depth and breadth to HMC’s market perspectives. Our Public Markets team brings top-quality investment management to HMC's trading platform and our Alternative Assets team ensures access to cutting edge capabilities from specialized teams around the world. Active management through both these platforms enables HMC to be nimble and responsive to changing market conditions.
Management at HMC also devotes considerable time, thought and effort to managing the risks inherent in our complex portfolio and seeks to continuously improve our risk models and analytical functions.
HMC has also built an operational structure to support our investment activities and our support staff brings a wide range of expertise to our portfolio management. These functions include legal, compliance, operations and corporate services, as well as information technology to develop and implement the systems necessary to support these activities.