Word: hmc
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Yesterday it seems the University got its answer. After eight years of investing for Harvard, Jacobson resigned from Harvard Management Company (HMC). But stuffed into his pockets as he leaves is $500 million in Harvard funds, the beginning of his next adventure...
...stock picker at HMC, Jacobson personally manages $1.6 billion in equities and co-manages a $450 million emerging markets fund. He will leave July 1, having topped HMC's compensation charts in five of the last seven fiscal years...
Though Jacobson could not be reached for comment, HMC observers speculated that the new arrangement will serve Jacobson well...
...HMC runs an annual government simulation forhigh school students from around the country
During the weekend alone, HMC used 26 computers, 10 laser printers, 10 copiers and made about 35,000 copies, according to Chavez...