Word: petersons
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John R. Chase '50 will become equity partner and Nils P. Peterson will become fixed-income partner when Harvard Management takes over $1 billion of the University's $1.4 billion portfolio on July...
Chase and Peterson will also become directors of Harvard Management along with Cabot, Treasurer George Putnam '49, President Bok, Financial Vice President Hale Champion, and two other members of the Corporation, Albert L. Nickerson '33 and Francis H. Burr...
Putnam, who has assisted Cabot in setting up the management company and in searching for personnel and several outside firms to divide up $400,000 of the portfolio, said Friday that Peterson and Chase are the only other members of the management company besides Cabot who will be on its board of directors...
...Peterson is now the manager of the fixed income department for Thorndike, Doran, Paine and Lewis, a subsidiary of Wellington Management Co., at which Cabot was a senior partner until April...
Neither Chase nor Peterson have held directorships for any outside corporations. Cabot has said he will not allow Harvard Management personnel hold any private corporate directorships. Both new appointees said they agree with Cabot's decision...