Word: hmc
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Dates: during 2000-2009
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After nearly 13 years at HMC, Larson says he “felt that I had one more challenge left in my life for what I wanted to do. Now’s the time to hang out my own shingle...
...HMC has further incentivized the departure of its fund managers by supporting those who strike out on their own: roughly a quarter of the current endowment is invested by outside managers who “spun out” of HMC...
...despite the potential rewards of leaving HMC, Meyer says that in 1990, when he began work, he could not have predicted the staff departures...
...It’s not a fun thing to have compensation listed publicly,” Meyer says. “Nobody here at HMC likes to have their compensation in the paper...
Jack R. Meyer, president and CEO of the Harvard Management Company (HMC), announced on January 11 that he would leave his post as overseer of the largest university endowment in the world...