Word: expertizers
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...Some of the things that [other universities] stressed for us are when you pursue these types of arrangements be very clear, get as much expert advice as you can, and make sure whoever you’re working with shares your aspirations and your principles,” Lapp says. “When those things don’t connect, it will not proceed well...
...innovation of the SWIFT structure. A SWIFT is a specialized investment fund that holds a broadly diversified portfolio of wind-farm assets. These assets generate revenues that are tightly linked to the price of electricity: When electricity prices are high, SWIFTs enjoy higher revenues. SWIFTs have become expert at using customized derivatives to offset the risks associated with these revenue fluctuations, yielding net earnings that, until recently, had appeared to be virtually risk-free. They then issue short-term debt backed by these stable earnings. A typical SWIFT finances 90 percent of its assets using overnight notes that yield only...
...review—which includes the Corporation, three Overseers, and Graduate School of Education professor and governance expert Richard P. Chait, who declined to comment for this story—expects to release its recommendations in early 2011, according to Robert D. Reischauer ’63, who will replace Houghton as Senior Fellow...
Though the governance review is still underway with conclusions as of yet unknown, Business School professor and governance expert Jay W. Lorsch points out the remarkable longevity of Harvard’s governance structure thus...
With diminished capability to make hires, Smith has turned to the junior faculty already on campus. Last year, he appointed an expert in inequality, Sociology Professor Michèle Lamont, to assist in the cause...