Word: meyering
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According to Meyer, the only reason he has provided so much detail about HMC’s involvement with Harken is to defend HMC against false allegations...
Despite this large investment, Meyer says that HMC’s relationship with Harken is actually quite typical of its relationships with the companies in which it invests...
...This was larger than our typical investment, but not the largest. And we are quite often heavily involved in individual companies,” Meyer says...
Although HMC’s private equity investments are no longer handled internally, Meyer says that until the split in 1998, “it was quite common for HMC to own more than half of the shares in a company...
...Meyer declined to comment on other companies in which Harvard has a significant stake, saying that it is HMC policy not to discuss individual investments...