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Harvard endowment’s 27.1% annual return driven by hedge fund returns

Hedge funds were among the key contributors to Harvard University's 27.1% endowment return in the year to 30 June 2026, alongside gains in public equities and venture capital, according to a report by the Financial Times. The performance, one of the strongest in the university's history, lifted the endowment's total assets to $68bn, representing an increase of almost 20% over the year. NP Narvekar, chief executive of Harvard Management Company (HMC), which oversees the endowment, attributed the strong performance primarily to hedge funds, public equities and venture capital investments. The re

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