Word: hmcã
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...Harvard Corporation, the University’s highest governing body, invited Cabot to take the nascent HMC??€™s reigns in 1974. At the time, he was working as a managing director at Wellington Management Company—but moving to Harvard, he says, seemed an irresistible opportunity...
...HMC??€™s loss of prestige was due to the proliferation of mountaineering groups across the country, the death of founder Henry S. Hall Jr. ’19, and the club’s shift in emphasis to climbing locally...
...students went to open dining halls to gather support for their 10:30 a.m. protest on Widener steps today, the day that Harvard’s Corporation Committee on Shareholder Responsibility, a three-member board of the Harvard Management Company (HMC), is scheduled to discuss HMC??€™s investment in Petrochina, which may be tied to the ongoing genocide in Sudan...
...along with HMC??€™s dominance has come increased scrutiny from the media, outside watchdogs and concerned alums. Specifically, critics have targeted the gigantic salaries paid last fiscal year to the management company’s top investors, two of whom received over $30 million in salary and bonuses each while the University, citing a fiscal crunch, laid off workers across campus and raised College tuition by 5 percent...
...multi-million dollar salaries paid to the HMC??€™s top managers have drawn considerable criticism in recent months, and the University recently moved to lower the cap on the managers’ compensation...