Word: hmc
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Highfields, an investment firm started by Richard Grubman and former Harvard Management Company (HMC) investor Jonathan S. Jacobson, received an initial investment of $500 million from the University...
...HMC source who refused to be identified said that Harvard invests close to $1 billion with Highfields—not the $2 billion HarvardWatch had claimed...
...HMC has not yet hired a replacement, according to Mendillo...
...president of HMC could not be reached for comment yesterday...
...will have the opportunity to set something up and have an impact on their organization at a pretty broad level,”said Mendillo, who has managed approximately $7 billion in assets during her time at HMC...