Word: hmc
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...Harvard Management Company (HMC) has hired a new vice-president of external management from the ranks of Stanford University’s endowment management team...
...HMC President Mohamed A. El-Erian, who worked for a California-based bond manager before moving to Harvard earlier this year, said Taborsky would be a valuable addition to the company...
According to two sources with knowledge of the situation, the University’s top money manager, Jack R. Meyer, also left Harvard in September partly because of his dissatisfaction with Summers’ leadership. Meyer’s Harvard Management Company (HMC) came under fire in 2003 for its multimillion-dollar payouts to top employees. Meyer, according to the individuals, felt that Summers had not given HMC adequate public support...
...Harvard Management Company (HMC) announced last week that it had appointed a chief for its newly created foreign exchange management team. Karen Parker Feld will join HMC from Wellington Management Company, where she currently manages over $20 billion in her capacity as director of foreign exchange. Previously, Feld worked for Chase Manhattan Bank as a managing director and the head of currency research for Chase Manhattan Bank. In a statement, HMC President Mohamed A. El-Erian said he looked forward to working with Parker Feld. “Karen brings to HMC proven strong portfolio management skills in the foreign...
...gradual “realignment of economic power” in the face of unprecedented global imbalances that defy textbook explanations, said Harvard’s endowment chief yesterday in his first appearance before students. Mohamed A. El-Erian, the new chief executive of the Harvard Management Company (HMC), addressed a friendly crowd of roughly 100 students for about an hour in a speech sponsored by the Harvard International Business Club and the Harvard Society of Arab Students in Boylston Hall’s Fong Auditorium. The dialogue played to El-Erian’s strengths, remaining firmly rooted...