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Associate Dean of the College David P. Illingworth ’71 said yesterday he intends to relocate the offices of the International Relations Council (IRC), the Harvard Model Congress (HMC) and the Harvard Model Congress Europe (HMCE) in order to expand the office space of the Harvard Foundation for Intercultural and Race Relations...
...Overseers’ meetings continued without Summers on Sunday morning when the board’s six standing committees met. The Overseers received the recommendations of visiting committees in various departments as well as the reports of other University adminsitrators. Harvard Management Company (HMC) President Jack E. Meyer discussed the performance of the University’s endowment...
...HMC announced last week that the University’s endowment slipped 2.7 percent during the last fiscal year, to $18.3 billion. Hewlett said that there was no discssion of belt-tightening measures or future planning—but added that no one asked...
This year's end“As we cautioned in last year’s letter, we didn’t think the double-digit positive returns would persist forever,” HMC President Jack E. Meyer said in an interview yesterday. “Nonetheless, I’m disappointed to finish the year in negative numbers...
...different equity areas that HMC breaks down, HMC only fell behind the benchmarks in three areas: private equities, real estate and inflation-indexed bonds. HMC measures its performance based on a ideal “Policy Portfolio” that directors established in 1991 as an appropriate diversification of risk...