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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Harvard Management Company Inc

Harvard Management Company Inc

Fiscal year ending 2019. Filed on July 9, 2020.

600 Atlantic Avenue
3 Second Street 6th Floor
Boston, Massachusetts 02210

Harvard Management Company Inc (EIN: 23-7361259) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2019 IRS Form 990 filing, Harvard Management Company Inc, a 501(c)(3) charitable organization, reported compensation for 14 out of 236 total employees. Among the employees shown here, the average compensation is $4,083,945. The highest compensated employee at Harvard Management Company Inc is Nirmal P Narvekar with fiscal year 2019 compensation of $8,559,213.

Revenue, expenses, and employee compensation

Revenue

$138,491,905

Expenses

$138,491,905

Employee compensation

$98,321,007
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Nirmal P Narvekar
MD - President and CEO
$8,559,213
$7,201,795 No related comp$1,357,418
Richard W Slocum
MD - CIO
$6,185,695
$5,003,037 No related comp$1,182,658
Kavindi Wickremage
Senior Vice President - REAL Estate
$5,849,959
$5,843,513 No related comp$6,446
Benjamin Brady
Senior Vice President - REAL Estate
$5,784,839
$5,776,622 No related comp$8,217
Carlos Saravia
MD - Generalist TEAM
$5,647,733
$4,632,067 No related comp$1,015,666
Adam S Goldstein
MD - Generalist TEAM
$5,643,941
$4,631,019 No related comp$1,012,922
Robert A Ettl
MD - COO and Treasurer (Until 3/14/19)
$4,510,916
$4,448,145 No related comp$62,771
Orest Hrabowych
Senior Vice President - REAL Estate
$4,478,193
$4,472,265 No related comp$5,928
Jiqing Xia
MD - CRO
$2,760,716
$2,699,215 No related comp$61,501
Kathryn I Murtagh
MD - CCO and Clerk
$1,878,088
$1,836,048 No related comp$42,040
Thomas J Hollister
Director
$612,569
$0 $546,072 $66,497
Jeremy C Stein
Director
$609,351
$0 $547,835 $61,516

Benchmark Employee Compensation

Non-Employee Board Members

Amy C Falls
Director
Brian Rogers
Director
Jane Brock-Wilson
Director
Joshua S Friedman
Director
Paul J Finnegan
Chair and Director
Robert Jain
Director
Thomas L Kempner Jr
Director
William M Lewis Jr
Director (AS of 3/1/19)

Contractors

Ropes & Gray LLP
Legal
$4,401,229
Evercore Group LLC
Advisory
$3,552,592
Bloomberg Lp
Information
$1,545,807
Pricewaterhousecoopers LLP
Accounting
$1,235,343
Career Partners Inc.
Advisory
$1,000,000

Mission Statement

PROVIDE INVESTMENT MANAGEMENT SERVICES TO HARVARD UNIVERSITY.

Revisions to this organization profile

May 10, 2024:
2023 Harvard Management Company Inc 990 filed
May 11, 2023:
2022 Harvard Management Company Inc 990 filed
May 12, 2022:
2021 Harvard Management Company Inc 990 filed

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