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Harvard Management Company (HMC) is the investment management organization responsible for managing the endowment and related financial assets of Harvard University. Founded in 1974, HMC’s mission is to generate strong long-term returns to support the university’s educational and research goals. It has been a pioneer in institutional investing, including early investments in venture capital and alternative assets. As of recent years, HMC has shifted its portfolio away from direct holdings in biopharma and healthcare stocks toward technology and other sectors[1][2][6][10].
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