Word: sowood
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...Sowood Capital Management, which manages Harvard’s investment in Surgut, said the increased payout will be “only a portion” of the full amount...
Skinner said that Surgut is challenging Harvard’s right to demand arbitration from the AAA and is asking a federal court in New York to stay the arbitration. Harvard claims that the terms of the ADRs allow arbitration through the AAA, according to a statement from Sowood...
...Sowood is overseeing the dispute in addition to handling the University’s investment in Surgut. Larson managed the University’s foreign equity for the Harvard Management Company, which invests Harvard’s $22.6 billion endowment, before his team spun off to form Sowood...
...Larson, who managed foreign equities for the University. In the interim, a conspicuous cluster of desks on the trading floor, where Larson and his staff of 14 used to work, lies empty in their absence. Larson left the management company this summer to start his own hedge fund, Sowood Capital, backed in part by Harvard’s money...
Jeffrey B. Larson earned $8.1 million in his final fiscal year managing foreign equities at Harvard. He left the management company on June 30 to form his own hedge fund, Sowood Capital, backed in part by University money...