Word: larson
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...Larson, the third highest-paid manager at HMC during the last fiscal year, said he will depart on July 1, the start of fiscal year...
...President Jack Meyer praised Larson, whose 12-and-a-half years at HMC have spanned one of the most successful periods for the Harvard endowment...
...Larson is the fifth Harvard fund manager in six years to leave HMC to form a fund, according to Meyer...
Meyer said departing managers, including Larson, have been partly motivated by the possibility of more cash elsewhere...
...Larson, 46, said forming his own hedge fund has been a goal of his since arriving...