Word: hmc
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Dates: during 2000-2009
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...large figure prompted some to speculate that the University is the unknown buyer of President Bush’s shares in the Texas-based oil and gas company, though Harvard Management Company (HMC) officials denied the purchase...
According to a book published by the center, a spreadsheet used by Ralph D. Smith, the Los Angeles broker who handled the sale for Bush, included the phone number of HMC, as well as the name of Michael R. Eisenson, a top investment manager for the University at the time...
Jack Meyer, the current president of HMC, dismissed claims that Harvard obtained Bush’s shares...
According to an article from The Crimson in 1992, HMC reported an overall 11.8 percent rate of return on Harvard’s endowment investments for the preceding fiscal year...
Meyer declined to comment on specific holdings that caused the overall decline in commodities, saying that such details would put HMC at a competitive disadvantage...