Entries tagged "Harvard University"
Harvard's $37 billion or so endowment is pulling private equity assets inside to be managed by the fund's growing internal staff. Will others follow suit?
Marc Seidner will resign at the end of June as the head of Harvard's s fixed-income investment.
Higher-education economics has always been a bizarre world unto itself. Just ask any parent who must pony up tens of thousands of dollars in tuition money after being told that $30,000, $40,000 or $50,000 a year doesn't begin to cover all the expenses necessary to educate the precious progeny....
Harvard University has grown its endowment to $36.9 billion -- some of which came from investments in private equity funds managed by Bain Capital LLC. Now, The Wall Street Journal reported Tuesday that the Ivy League institution is planning to sell $1.5 billion of its investments with Bain. ...