Ivy League purchase

A 4ha dairy farm south of Auckland has been purchased by Harvard University for US$2.7 million. The Cambridge institution best known for churning out top college graduates bought the farm with 6 cows as a result of a liquidation-sale transaction finalised a few weeks ago. Harvard Management Co., which oversees the Ivy League school’s multibillion-dollar endowment fund, has made previous dairy-farm investments in New Zealand, taking advantage of depressed sales prices brought on by the recent global recession.


Tags: Boston Herald  Cambridge  Dairy Industry  Harvard University  

Sustainability is Abel’s Top Note

Sustainability is Abel’s Top Note

Artisanal companies from Britain to New Zealand are putting environmentally sensitive production, practices and packaging at the centre of their business models, Isabella Kwai reports for The New York Times. Based between…