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Harvard’s $35.7 Billion Endowment Names Nirmal Narvekar CEO

  • Narvekar had led Columbia’s $9.6 billion endowment since 2002
  • Columbia promotes CIO Peter Holland to chief executive officer
Harvard banners hang outside Memorial Church on the Harvard University campus in Cambridge, Massachusetts, U.S., on Friday, Sept. 4, 2009.
Photographer: Michael Fein/Bloomberg
Updated on

Harvard University named Nirmal P. “Narv” Narvekar to head its $35.7 billion endowment as the school struggles to get investment performance on track at the largest fund in higher education.

Narvekar, 54, who has been the CEO of Columbia University’s $9.6 billion fund since 2002, will assume the role of president and chief executive officer at Harvard Management Co. on Dec. 5, Harvard said in a statement Thursday. Columbia also said it promoted Peter Holland, the chief investment officer of its endowment since 2003, to CEO.