Word: berman
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...initiative comes from the group within University Operations that purchases energy for the university,” Berman wrote...
Even though HMC has a different motive for its energy trades, Berman wrote that HMC might play an advisory role in the execution of any futures hedging by the rest of the University...
...These are business operations decisions, not investments (which are HMC’s responsibility),” Vice President for Finance Ann E. Berman wrote in an e-mail...
...Decisions regarding the use of financial tools such as energy futures would be undertaken by the central administration with advice from HMC,” wrote Berman...
According to Berman, this idea is being considered at Harvard’s peer institutions...