Harvard is a 'hedge fund with a university attached to it'(businessinsider.com)
businessinsider.com
Harvard is a 'hedge fund with a university attached to it'
http://www.businessinsider.com/why-harvard-should-be-taxed-2015-9
http://www.businessinsider.com/why-harvard-should-be-taxed-2015-9
I'm sure pretty much all large, big-name universities are playing with money. US ones at least.