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...past five years, both Harvard Law School and Harvard Business School have completed major capital campaigns, raising $476 million and $599 million respectively...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERS | Title: New Law To Help University Finances | 10/29/2009 | See Source »

...actual increase in endowment spending has yet to be determined, according to Shore, as the University is in the process of formulating a new policy to address spending from underwater funds. But Shore said he expected the new income to be less than the $50 million figure. Excessive spending from a specific endowment fund, especially one that has already fallen below its original value, can erode at its long-term value—a crucial consideration for financial planners at the University, since most endowments are meant to last in perpetuity...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERS | Title: New Law To Help University Finances | 10/29/2009 | See Source »

Last month, Harvard renegotiated terms to an agreement with a South Korean foundation that loosened restrictions on a $13 million endowment established in 1975 for Korean studies. The funds, which were originally dedicated to endow a senior faculty member’s position in the field, can now be used to support tenure-track faculty, visiting scholars in the department, and students studying the economy and society of modern Korea...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERS | Title: New Law To Help University Finances | 10/29/2009 | See Source »

...startup has already exceeded fundraising expectations. In September 2009, LearnVest sought to raise $750,000 from venture capitalists and angel investors, according to von Tobel. They ended up raising $1.1 million...

Author: By William N. White, CRIMSON STAFF WRITER | Title: Personal Finance Web Site To Debut | 10/29/2009 | See Source »

...architect Louis Le Vau on Paris's Ile Saint Louis, the mansion played host to French nobility, exiled Polish princes and members of the Rothschild family of banking fame. But for Qatari Prince Abdullah bin Khalifa al-Thani, who bought the property from the Rothschilds in 2007 for $88 million, the welcome has been far from regal...

Author: /time Magazine | Title: Is France Doing Enough to Save Its Historic Buildings? | 10/29/2009 | See Source »

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