Padded with Donations, Harvard’s Endowment Gets More Breathing Room
Recently Harvard University received a massive US$ 400 million gift from hedge fund titan John A. Paulson – the single biggest donation in the university’s history. The money went toward the Harvard’s Engineering and Applied Sciences school. Harvard will rename the school after John Paulson and part of the gift money will go toward the construction of a campus in Allston. Harvard’s endowment does not allocate any money toward Paulson. In 2015, the Sovereign Wealth Fund Institute ranked Harvard Business School #2 as a top business school to be a public institutional investor.
Harvard University has been augmenting its endowment through capital campaign fund raising. The university has been fortunate enough to attract millions from wealthy donors. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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