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Harvard Management Private Equity Corp

Form 990Tax year 2022EIN 04-3070522501(c)(3)
Filed May 10, 2024 · period ending Jun 30, 2023
IRS record
End-of-year assets

$47,734,298,978

Net assets $47,734,076,756

Total revenue

$2,018,283,474

Expenses $467,071,549

Officer compensation

—

3 listed · 3 paid

Contractors listed

2

2 paid over $100K

Organization
Legal name
Harvard Management Private Equity Corp
Website
N/A
Principal officer
—
Phone
6177206682
Formed
1989
State of domicile
MA
Employees
0
Volunteers
0
Address
600 ATLANTIC AVENUE C/O HMC INC · BOSTON, MA, 022102203
Mission
INVEST FUNDS FOR THE BENEFIT OF PRESIDENT AND FELLOWS OF HARVARD COLLEGE, A RELATED 501(C)(3) SUPPORTED ORGANIZATION.
Financial activity
Contributions$0
Program service revenue$0
Investment income$2,018,192,823
Total revenue$2,018,283,474
Grants paid$0
Salaries and benefits$0
Officer compensation—
Total expenses$467,071,549
Investment management fees—
Legal fees—
Accounting fees—
Other fees for services$0
Beginning assets$47,991,432,458
Ending assets$47,734,298,978
Liabilities$222,222
Net assets$47,734,076,756
Publicly traded securities$0
Other securities$47,608,686,846
Officers, directors and key employees
Compensation by person
  • NIRMAL P NARVEKAR$10M
  • SANJEEV DAGA$4M
  • KATHRYN I MURTAGH$2M
Independent contractors
Compensation by contractor
  • GENERAL ATLANTIC SERVICE COMPANY LLC$674K
  • CHARLESBANK CAPITAL PARTNERS LLC$175K
Part VII Section B · highest paid
Independent contractors
2
ContractorServicesLocationCompensation
GENERAL ATLANTIC SERVICE COMPANY LLCINVESTMENT MANAGEMENTSTAMFORD, CT$673,890
CHARLESBANK CAPITAL PARTNERS LLCINVESTMENT MANAGEMENTBOSTON, MA$175,478
Part VII Section A
Officers, directors and key employees
3
NameRoleHours / weekCompensationFrom related orgsOther
KATHRYN I MURTAGHDIRECTOR & SECRETARY
Trustee or directorOfficer1$0$2,252,121$46,222
NIRMAL P NARVEKARDIRECTOR & PRESIDENT
Trustee or directorOfficer1$0$9,602,531$65,735
SANJEEV DAGADirector & Treasurer
Trustee or directorOfficer1$0$3,915,776$67,097