Word: swensen
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...have long said that the structure of Harvard Management is inherently unstable,” Swensen said during a question-and-answer session after he spoke to the National Association of College and University Business Officers’ Endowment Management Forum in New York on Jan. 27, according to Institutional Investor magazine. “You can’t pay managers astronomical amounts of money because it tears at the fabric of [the university],” he said, according to the magazine...
...Swensen, who reportedly earned $1.15 million in 2004, has steered the Yale endowment to a 16.1 percent annual return over the last 20 years, beating Harvard’s 14.9 percent...
...face of criticism from Swensen and Strauss, Harvard defended its high payouts...
...Swensen, who earned bachelor’s degrees from the University of Wisconsin at River Falls, completed graduate studies at Yale, where he recieved a Ph.D in economics...
...Swensen did not respond to phone calls seeking comment...