Harvard endowment grows to $36.9 billion

Harvard announced today that its endowment grew by 8.6% in its recently concluded fiscal year. After taking into account annual distributions to the university and new gifts, the endowment's value rose to $36,900,000,000 from $34,900,000,000.

Over the same period, the median large institutional fund lost 4.4% and the Standard & Poor's 500 index dropped 13.1%

Harvard endowment up 8.6 pct, grows to $36.9 billion U.S. Reuters