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Head of Harvard's $57 Billion Endowment, Plans to Retire, WSJ Reports

Narvekar and the board are discussing succession as Harvard’s endowment grew more than 50% under his leadership, with no departure date set.

Summary by Live Mint
Narvekar’s departure comes at a time when Harvard's $57 billion kitty — the largest university fund in the word, three times the size of India's central education budget — faces pressure from President Donald Trump.

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Head of Harvard's $57 billion endowment, plans to retire, WSJ reports

·United Kingdom
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Nirmal Narvekar, an Indian-American financier, revolutionized Harvard University's $57 billion endowment by emphasizing alternative investments and external fund management.

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India Daily Mail broke the news on Saturday, May 16, 2026.
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