Word: sowood
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Some types of resolutions are binding, including Harvard’s campaign last summer to terminate the manager of Korea Equity Fund. The proposal would have been binding had it won 51 percent of the vote, says Megan Kelleher, general counsel at Sowood Capital Management, which handled the campaign...
...allow donors to invest their charitable trusts in the Harvard endowment, will leave July 1 to start an investment management firm in Boston. And in July 2004, foreign equity manager Jeffrey B. Larson left Harvard along with 14 members of his team to start a hedge fund, Sowood Capital Management...
...preliminary proxy statement was submitted by Sowood Capital Management, an outside firm that invests part of the University’s $22.6 billion endowment...
...Sowood General Counsel Megan Kelleher said the filing is Harvard’s first proxy statement concerning Korea Equity Fund. The filing is now subject to SEC review...
...believe that you and we have not received the treatment we deserve as shareholders,” said Sowood Managing Director Jeffrey B. Larson in a letter prefacing the statement. “After years of inaction by the Fund and its investment adviser...we now believe that it is up to shareholders to take the necessary steps to maximize shareholder value...