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Although many regions of Africa could benefit from the establishment of a similar program, Elkins said that Harvard chose to set up the program in South Africa because of the University??s decades-long relationship with that nation and because Harvard administrators hope that the program might serve as a model for the region...
Though the Game Day Challenge was not athletic, it spurred athletic spirit among some, including Robert Gogan, a leader in the project and a recycling manager for the University??s Facilities Maintenance Operations...
Harvard’s endowment—which funded 38 percent of the University??s operating budget in 2009—fell from $37 billion to $26 billion this past year. Harvard and its peer institutions have been criticized for their investment strategies, which rely heavily on hedge funds, private equity firms, and illiquid assets...
While Harvard has acknowledged in recent months that its aggressive investment strategies may have constrained the University??s cash flexibility, it has defended the long-term viability of its approach. Harvard Treasurer James F. Rothenberg noted in an interview with the Harvard Gazette last month that the University??s investment strategies generated an average annual return of 8.9 percent over the past 10 years, including last year’s financial crisis—far exceeding the annualized 1.5 percent return that would have been generated by a “plain vanilla” portfolio...
After the recent release of the University??s Library Task Force Report, some humanities professors and graduate students have expressed concern over the document’s suggestion that the Harvard University library system may need to limit future expansion...