Harvard University’s endowment realized a 9.6% gain for Fiscal Year 2024, a significant improvement over last year’s 2.3% increase. Its value now stands at $53.2 billion.

BOSTON, Oct 17 (Reuters) - Harvard's endowment fund, the world's largest university endowment, grew to $53.2 billion in fiscal 2024 amid strong investment returns even though endowment gifts shrank by a third as donors protested how the school handled ...

The value of Harvard’s endowment grew to $53.2 billion after the Harvard Management Company boasted a 9.6 percent return on its investments in fiscal year 2024 — the first year the endowment has increased in value since 2021.

The Ivy League school’s portfolio of private equity, hedge funds, real estate, and other investments gained 9.6 percent in the fiscal year that ended June 30.

Harvard’s industry-leading endowment surpassed $53 billion last fiscal year thanks to investment gains of 9.6%, beating many of its peers who have reported numbers so far this fall.