HMC Annual Report
Harvard Management Company (HMC) is a wholly owned subsidiary of Harvard University that is governed by a Board of Directors (the "Board") appointed by the President and Fellows of Harvard College (the "Corporation"). Established in 1974, HMC is charged with management of the University's endowment, pension assets, working capital, and deferred-giving balances. As of June 30, 2007, HMC managed a total of $42.8 billion, $40.8 billion of which consisted of the General Investment Account (GIA). The GIA is a pooled fund consisting primarily of $34.9 billion of endowment assets.
See Annual Reports
