Harvard Management Company (HMC) is an American investment management corporation, founded in 1974. It operates as a wholly owned subsidiary of Harvard University and is responsible for managing the university's endowment, pension assets, working capital, and non-cash gifts. Notably, HMC oversees the management of Harvard University's impressive $53.2 billion endowment, which stands as the largest endowment in higher education in the United States. The company's focus spans across the education and financial services industries. As a key player in investment management for one of the most prestigious educational institutions in the world, HMC represents a highly influential and significant entity within the financial landscape.
