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...Having done our due diligence, Harvard, as we stated last year, will invest $500 million with Convexity, but we...have not done so yet,” Longbrake wrote in an e-mail...

Author: By Alexander H. Greeley, CRIMSON STAFF WRITER | Title: Ex-HMC Chief Opens $6B Fund | 2/7/2006 | See Source »

...There is no connection" between Harvard's investment in Convexity Capital Management and the arrival of the University's new endowment manager, according to Harvard spokesman John Longbrake. The print and original online versions of the Feb. 7 news article, "Ex-HMC Chief Opens $6B Fund," incorrectly reported that Harvard would wait until the arrival of endowment manager Mohamed A. El-Erian in mid-February before it commits money to Convexity. According to Longbrake, "the commitment is made" to invest $500 million in Convexity, which is led by El-Erian's predecessor, Jack R. Meyer...

Author: By Alexander H. Greeley, CRIMSON STAFF WRITER | Title: Ex-HMC Chief Opens $6B Fund | 2/7/2006 | See Source »

Amherst’s Board of Trustees voted unanimously on Jan. 14 to sell any direct holdings in the companies and to bar future investments. Amherst does not hold any shares directly. Instead, the school said a “small number” of outside fund managers who invest on Amherst’s behalf do hold shares of some of the companies, and will be instructed to divest...

Author: By Nicholas M. Ciarelli, CRIMSON STAFF WRITER | Title: Amherst Divests from Sudan-Linked Firms | 2/2/2006 | See Source »

...through a broker Those middlemen typically take an up-front commission--something like 5% of the money you invest. Over 10 years, that $3,000-a-year investment thus becomes $42,133--or $2,218 less. If the advice you get is worth that price, great. If not, consider a plan sold directly to investors. Kerry O'Boyle, an analyst at investment tracker Morningstar Inc., recommends Alaska's T. Rowe Price College Savings Plan and the College Savings Plan of Nebraska. (Just be aware that if you buy an out-of-state plan, you may be giving up state...

Author: /time Magazine | Title: Money: Do 529s Pay? | 1/22/2006 | See Source »

...free Pinocchio’s pizza on Tuesday, Wednesday, and Thursday of last week. We tried lining our windows and floors with the pies before concluding that: 1) pizza is not a good sound insulator; and 2) we were meant to eat it. The project team may want to invest in a little more image research. Though to them, pizza is an oily olive branch, it doesn’t represent the same thing to everyone. Pizza is a symbol rooted in sorrow and conflict. East River-ites associate pizza with the smell of tomato sauce and broken scapulae, especially...

Author: By The Crimson Staff, | Title: Pizza in Our Time | 1/22/2006 | See Source »

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