Word: investments
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...need to be able to invest money in staff and marketing,” Hinkle said. “We have not been able to do that because we have been operating by the skin of the teeth...
...since Dec. 31, the value of its Sinopec shares would have been approximately $7.8 million as of the close of the New York Stock Exchange yesterday. University spokesman John D. Longbrake declined to comment for this article in an e-mail, citing University policy to not comment on specific investments. The University announced its decision to divest from PetroChina in April of last year due to “deep concerns” about the role of PetroChina’s parent company, the China National Petroleum Corporation, in supporting the Sudanese regime. A report by the Harvard Corporation Committee...
...Meyer grew a $4.7 billion fund into a $22.6 billion juggernaut, the largest endowment of all U.S. universities. That he was loyal and well-liked at the same time is a huge achievement. And Harvard, indeed, is still showing confidence in Meyer’s abilities by promising to invest $500 million in his hedge fund. But because Meyer is no longer an in-house employee, the University will pay him substantially more, in the form of performance fees, for his services. His critics should learn their lesson: if it ain’t broke, don?...
...income contribution,” she argued, explaining that the expectation that students work or borrow $2,000 is hardly unreasonable, given the generosity of the College’s financial aid program. Asking students to supplement their term-time grants with summer income is, Donahue believes, soliciting an investment in their own futures. “There is a belief on the part of the College that students should invest in their own education,” she explained.Expecting students to play an active role in supporting their own education is perfectly sensible on the part of the Financial...
Harvard has pledged to invest an additional $500 million in Convexity...