Word: ccsr
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...CCSR has instructed the Harvard Management Company, which oversees the University’s $22.6 billion endowment, to sell its PetroChina stake, according to University spokesman John Longbrake. Longbrake could not provide a timetable for when the sales would occur...
Yesterday’s CCSR statement did not distinguish between the New York and Hong Kong holdings. But a spokeswoman for Summers said last month that any decision on divestment would affect all PetroChina shares “regardless of the exchange on which they trade...
...CCSR decision comes five months after two Eliot House juniors—Manav K. Bhatnagar ’06 and Benjamin B. Collins ’06—launched an online divestment petition that garnered signatures from more than 80 faculty members and several hundred students...
Bhatnagar said yesterday’s CCSR statement, which focused narrowly on PetroChina, did not meet the petition’s demand...
Professor of Psychology Patrick Cavanagh, who called on Harvard to sell its PetroChina shares more than a week before the student divestment movement emerged, said that student activists deserve the credit for swaying the CCSR...