Harvard administration owns $700k in Victoria’s Secret lingerie company

Ownership in the world’s most famous purveyor of lady’s lingerie may be one secret ingredient that allows Harvard give its students a platinum plated college experience, a new report from the States Securities and Exchange Commission (SEC) reveals.

Harvard University has invested over $700,000 in Victoria's Secret's parent company.

The prestigious university’s management fund currently owns $700,000 of stock in Limited Brands, which is the parent company of Victoria's Secret as well as several other smaller luxury brands such as Bath & Body Works and PINK.

According to the report, the investments are made by the Harvard Management Company. On their official website, they note they attempt to employ “innovative new strategies to expand the boundaries of our portfolio for the future.”

The website adds that the Harvard Management Company “seeks to provide world-class investment management focused solely on generating strong results to support the educational and research objectives of Harvard University.”

A spokesperson for Harvard declined to comment to Campus Reform.

“As a matter of policy, we do not comment on specific investments,” said spokesman Kevin Galvin.

According to the report, Harvard also has $487,000 invested in Foot Locker Inc., $755,000 in Direct T.V., and over one million dollars in Facebook.

Follow the author of this article on Twitter: @oliverdarcy



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Oliver Darcy
Oliver Darcy | Former Reporter

Oliver Darcy is the former editor of digital media for Campus Reform, where he was tasked with reporting on waste, fraud, and abuse taking place on our nation's college campuses. Additionally, he was responsible for editing the website’s video content and graphic design. Prior to joining the Leadership Institute, Oliver founded ExposingLeftists.com, a video driven website dedicated to exposing the inherent failures found at the core of liberal philosophies. He is currently Oliver holds his bachelors of arts degree in political science, with an emphasis in both International Relations and American Politics, from the University of California at Merced.

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