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These savings included reductions in the amount of unrestricted sums??€”known as subventions—that are distributed to major FAS units, as well as lower costs associated with faculty recruitment and relocation, which appeared to follow from a Smith letter last December that announced a sudden, severe slowdown in searches for new faculty...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: FAS Reports Windfall Surplus | 10/26/2009 | See Source »

Meyer and his associates will become the sixth investment team to leave Harvard in the past seven years. The University has ordinarily spun off large sums??€”$700 million in one case—into hedge funds established by its former managers, and Meyer’s new firm appeared certain to receive similar, if not far more substantial, backing from Harvard...

Author: By Jonathan P. Abel and Zachary M. Seward, CRIMSON STAFF WRITERSS | Title: Top Moneyman Steps Down | 1/12/2005 | See Source »

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