This March 26, 2008 file photo provided by Harvard University, shows Jane Mendillo, president and chief executive officer of Harvard Management Company. Harvard University says its ... more 
This March 26, 2008 file photo provided by Harvard University, shows Jane Mendillo, president and chief executive officer of Harvard Management Company. Harvard University says its largest-in-the-nation endowment earned a profit of $4.4 billion in fiscal 2011, growing to a robust $32 billion. Mendillo said Thursday, Sept. 22, 2011 that active management of investments to meet the primary objectives of growth, liquidity and risk management secured growth in the latest year. (AP Photo/Harvard University News Office, Justin Ide) **NO SALES** less 
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Associated Press | Photo By Harvard University News Office, Justin Ide
Thu, Sep 22, 2011 8:39 PM EDT