Word: hmc
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According to Harvard Management Company (HMC) President Jack Meyer, with venture capital returns hitting triple digits this year, this capping problem became more important than ever before...
Model Senate introduces students to Harvard Model Congress (HMC), a four-day simulation held in February for 14,400 high school students from around the country...
While areas like emerging markets, real estate and commodities underperformed their benchmarks--the goals set by HMC--other staples of the Harvard portfolio were very successful...
Meyer blamed the University's money managers outside HMC for much of the University's failure to meet its overall benchmarks. In particular, investments in emerging markets fared even worse, falling 17 points short of their benchmark...
...situation could complicate HMC's investments in those markets, making it difficult to trade there, but Meyer adds that the situation is not grave enough for HMC to sell those securities...