Word: funds
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Dates: during 1980-1989
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...Commonwealth of Massachusetts Pension Fund said yesterday it does not want its shares in an investment partnership, of which Harvard is a member, used in the hostile takeover of RJR Nabisco...
...both the Mass. fund and the ITT Corporation, which are limited partners in the bid, have complained that Kohlberg, Kravis, the general partner in the arrangement, is following a hostile takeover strategy, since RJR Nabisco's board of directors has not consented to the plan...
...state fund has notified Kohlberg, Kravis that it wants to limit the use of its money not only because of allegations of a hostile takeover but also because RJR Nabisco is the fourth largest U.S. company doing business in South Africa, said Michael S. Lelyveld, press secretary for the Massachusetts Executive Office for Administration and Finance...
Pilbeam conceded that the Mexican-Americanvisiting scholars proposal triggered the newethnic studies fund, but said the Faculty of Artsand Sciences (FAS) did not have enough resourcesavailable to create a program specifically for thestudy of one ethnic group...
Pilbeam said department heads have not yet beentold of the new fund, adding that Spence willdiscuss the program with them during regularmeetings he holds with FAS department chairs