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...addresses America’s top public pension funds, the insights—and action items—associated with a counter-terror divestment campaign can be easily applied to university endowments, as well. Like public pension systems, endowments comprise one part of what is known as the institutional investor community. (Institutional investors are investment funds with more than $500 million under management...
Claim to fame: Entrepreneurial jack-of-all-trades P. Diddy is a Grammy-winning music producer--performer, CEO of the fashion label Sean John and an investor in the young couturier Zac Posen. He is also an actor, a marathoner and a political cheerleader...
...MICHAEL EISNER, 62, CEO of the Walt Disney Co. for 20 years; when his contract expires in September 2006; in Los Angeles. Although he is credited with transforming the company into a media powerhouse, fellow Disney directors stripped him of his chairmanship in March, when the share price and investor confidence slumped. DIED. NUHA AL-RADI, 63, Iraqi ceramist and painter best known for her 1998 book Baghdad Diaries, a vivid, witty account of life in that city during the first Gulf War; of pneumonia linked to treatment for leukemia; in Beirut. Critical of the U.S. bombing of Baghdad...
Checking In for A Recovery The U.K. housing market is cooling off, but the hotel sector seems to be heating up. Saudi investor Prince Alwaleed bin Talal is in talks to buy London 's Savoy Hotel for at least $360 million. Ian Schrager has FOR SALE signs up at two London sites, the swanky Sanderson and the St. Martins Lane Hotel. Stelios Haji-Ioannou's easyGroup is launching a chain of no-frills easyHotels in early 2005. And Simon Woodroffe - the man behind the YO! Sushi conveyor-belt eateries - is opening Yotel, cramming luxury into tiny, 10-sq-m rooms...
...doing so again. They must spend a lot of time telling him to zip it because Citron's fast-talking, hyperconfident style doesn't always sit so well with regulators. "It depends which ones you talk to," says Harry Weller, a partner at New Enterprise Associates, a venture-capital investor in Vonage. "He'll either drive you crazy, or you'll really like him." To neutralize Citron, the company allows him to control only one seat on the board (his own), even though he has put up more than half the $100 million invested...