Word: meyers
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...University’s coffers swelled to $25.9 billion during Jack R. Meyer’s last fiscal year in charge of the endowment. But as Meyer took off on Friday, Harvard still had no permanent replacement for him and said a member of Harvard Management Company’s board of directors would steer the firm...
...University has struggled to find a successor to Meyer, who announced his departure in January. He left Friday on another high note, after turning in investment returns of 19.2 percent for the fiscal year that ended June...
...even as Meyer leaves the management company, he will remain closely tied to Harvard’s money. Rothenberg said the University would invest roughly $500 million in Meyer’s new hedge fund, Convexity Capital Management. And Meyer, along with his departing associates, will continue working as paid advisors to the University “for some time,” Rothenberg said. (See related story below...
Nearly every asset class outperformed its internal benchmark, investment goals set by the management company’s board based on market performance. Domestic and foreign bonds, traded by two fund managers who left Friday with Meyer, were once again out in front. Private equity, high-yield assets, and commodities also did exceptionally well...
Reflecting on his tenure in a May interview with The Crimson, Meyer referred to his time with HMC as “absolutely great...