Narv Narvekar

Hardvard Management Company

Harvard Management Company (HMC) is responsible for managing Harvard University's $50 billion endowment, one of the largest academic endowments globally. According to HMC’s Sustainable Investment Policy: Diversity, equity, and inclusion are important issues in the workplace, not only for our external managers, but for the investments that they make. A central tenet of HMC’s investment culture is the belief that a healthy organization is critical to investment success. To succeed, firms must attract and retain the best talent from the broadest pool possible. HMC seeks to partner with managers from a diverse range of backgrounds which strengthens the endowment by bringing different experience, knowledge, innovation, and perspectives. Harvard has made some of the largest limited partner commitments to diverse managers seen in the last few years. Although the bar is very high, the HMC staff appear to have a wider “top of funnel” and it is playing out in the diversity of their commitments. HMC is a member of ILPA’s DEI Advisory Council. Narv Narvekar, who became CEO in 2016, has been instrumental in HMC's investment approach that has established an open-door policy for all managers – early stage or established, small or large. Previously, he was the Chief Executive Officer of Columbia University Investment Management Company, responsible for setting and leading investment strategy for the university endowment’s portfolio. Prior to joining Columbia in 2002, he was the Managing Director at the University of Pennsylvania Investment Office. Previously, he served in a number of roles at J.P. Morgan, rising to the position of Managing Director, Equity Derivatives.