Word: alonge
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...walking along in the B entryway basement hallway going to the computer lab, and randomly saw a desk, mattress frame and whiteboard leaned against the wall, looking like they had been deserted there for a while. Thinking this was left-over stuff someone no longer wanted, and hating for a whiteboard to go to waste, I took the whiteboard up to my room. It occurred to me, however, someone might have been temporarily storing their stuff there for later use. So I wanted to check: is this anyone's stuff? Was this...
...complications” within the portfolio existing before the financial crisis, including “recent over-sized commitments to illiquid asset classes; within asset classes, a larger proportion of strategies with long holding periods; [and] a lack of ready liquidity in the portfolio to meet our obligations along with the needs of the University.” For years, Harvard has been the subject of scrutiny—and idolatry—as its endowment consistently generated double-digit yearly investment returns, largely due to its heavy exposure to alternative asset classes, which include real estate, private equity, timber...
When markets plummeted across the board last fall, Harvard, along with many other investors and peer institutions, sought to reduce exposure to those illiquid, alternative assets and instead boost cash reserves for operations. Private equity holdings are especially taxing since they often require ongoing and continued capital commitments from investors...
These recent hires, along with the policy adjustments made over the past year increasing HMC’s liquidity, have laid the foundation for a “solid, innovative and sustainable investment strategy” that gives “ample cause for optimism” over the next few years, Mendillo wrote. But she also called for “realistic” performance expectations over the next several years...
...spite of the Faculty of Arts and Sciences’ $143 million budget shortfall, Brain Break was expected to feature “enhanced” choices—including healthier food options and greater variety. But the Tuesday night debut, featuring vanilla and chocolate cupcakes—along with traditional items such as bagels and peanut butter and jelly sandwiches—struck many undergraduates as nothing special. “I don’t feel like the variety has changed, but I feel like the quantity has doubled,” said Tri D. Chiem...