Word: jacobson
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...suggestion of a living wage would not be a ridiculous proposition for an institution with an endowment of $13 billion, whose income totaled $1.52 billion in fiscal year 1997 and whose fundraising campaign last year yielded more than $1 billion. Last year Harvard paid a single Harvard employee (Jonathan Jacobson, the fund manager of the Harvard Management Company) $10 million. If Harvard really believes that the notion of "total compensation" will lift all boats, why don't we begin by paying Mr. Jacobson in benefits and time off rather than in cash...
...suggestion of a living wage would not be a ridiculous proposition for an institution with an endowment of $13 billion, whose income totaled $1.52 billion in fiscal year 1997 and whose fundraising campaign last year yielded more than $1 billion. Last year Harvard paid a single Harvard employee (Jonathan Jacobson, the fund manager of the Harvard Management Company) $10 million. If Harvard really believes that the notion of "total compensation" will lift all boats, why don't we begin by paying Mr. Jacobson in benefits and time off rather than in cash...
...students are: Thomas A. Grossi of Adams House; Michael N. Jacobson and Matthew S. Levine of Cabot House; Han Ping Davin Chor and Ilyana M. Kuziemko of Currier House; Micah S. Myers and Joseph E. Subotnik of Dunster House; MaryAnn Cockerill, Daniel J. Hopkins and Matthew C. Weinzierl of Eliot House; Ceen-Yenn C. Lin and Rajeev Malhotra of Kirkland House; Eliza C. Block, Gabriella N. Skirnick and Siddharth Mohandas of Leverett House; Max D. Lieblich and Liam P. McAllister of Lowell House; Jennifer E. Ballard of Mather House; Giridhar M. Shivaram of Pforzheimer; Leach, Samantha L. Chaifetz, Meredith...
...Jacobson, Harvard's most successful investor for six of the last eight years, HMC will no longer be giving him top dollar. He announced this spring that he was leaving HMC to start his own firm, Highfields Capital...
...April, HMC invested $500 million in Highfields and is now cultivating Jacobson's "No. 2", in an attempt to keep up the winning track record...