Certainly! Here’s a summary of the article regarding the Harvard Management Company’s (HMC) changes to its diversity data tracking:
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In May 2025, Harvard Management Company removed diversity data from its internal investment-tracking system amid pressures from the Trump administration to dismantle diversity programs at the University. The system, known as Crimson, previously allowed employees to record the diversity characteristics of funds, including minority ownership and management by women.
Despite the diversity information still existing in raw data, it can no longer be accessed through the user interface. This shift followed Harvard’s rejection of demands from the Trump administration in April 2025, which subsequently led to a freeze on $2.2 billion in federal funding.
HMC, which manages Harvard’s $56.9 billion endowment, provided no reason for the exclusion of diversity characteristics. The organization has faced increasing scrutiny and has been making several changes related to its diversity, equity, and inclusion (DEI) initiatives since the political pressures began.
Other alterations included renaming the Office of Equity, Diversity, Inclusion, and Belonging, and further cutbacks to DEI language and programming across various Harvard schools. HMC’s financial strategies have also been impacted by escalating federal tax rates due to its involvement in the funding disputes.
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