Harvard Endowment Nears $26-Billion

By ERIN STROUT

Harvard University's endowment earned a 19.2-percent return and grew to $25.9-billion in the 2005 fiscal year, the institution has announced. The university also selected an interim chief investment officer to manage the endowment as it seeks a permanent replacement for Jack R. Meyer, whose last day was September 30.

The return did...