Word: hmcã
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...unload a large portion of its riskiest assets, according to a recent article in the trade publication Private Equity Week. The article reported that HMC has hired Cogent Investment Bank to sell approximately $1 billion of its private equity portfolio on the secondary market. As of June 30, HMC??s planned allocation to private equity for 2009 was up to 13 percent of the University’s endowment, or just under $4.8 billion, meaning that the proposed sale would comprise nearly a quarter of its private equity assets. HMC Director of Private Equity Peter Dolan could...
...Citing HMC??s policy to not discuss specific investments with the press, University spokesman John D. Longbrake would only confirm that Harvard has “expressed interest in acquiring the forest assets...
...Associated Press reported that Harvard maintains forestry holdings worth upwards of $5 billion, but Longbrake said that the figure “does not accurately reflect [HMC??s] timber portfolio...
...Mendillo said she did not expect El-Erian’s footprint to be a “major factor” in her ability to transition into HMC??s leadership...
...Harvard treasurer James F. Rothenberg ’68, who chairs HMC??s board and led the search for a new CEO, said deteriorating market conditions had spurred the search to a faster conclusion to provide permanent leadership to the company...