Academic regalia of Harvard University James Michael Curley appeared in silk stockings, knee britches, a powdered wig, and a three-cornered hat with flowing plume. When University marshals objected to his costume, the story goes, Curley whipped out a copy of the Statutes of the Massachusetts Bay Colony which prescribed proper dress for the occasion and claimed that he was the only person at the ceremony properly dressed. Academic regalia of Harvard University As the oldest college in the United States, Harvard University has a long tradition of academic dress. Harvard gown facings bear crow's-feet emblems near the yoke, a symbol unique to Harvard, made from
Harvard University endowment Harvard University endowment Harvard University's endowment (valued at $37.1 billion ) is the largest academic endowment in the world. Along with Harvard's pension assets, working capital, and non-cash gifts, it is managed by Harvard Management Company, Inc. (HMC), a Harvard-owned investment management company. HMC employs financial professionals to manage the approximately 12,000 funds that constitute the endowment. The company directly manages about one third of the total endowment portfolio while working closely with the external companies that manage the rest. HMC is headed by a professional, who holds the titles of president and chief executive officer of the company. Jack