Word: erian
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...down interview at The Crimson, the new chief executive of the Harvard Management Company (HMC), Mohamed A. El-Erian, squelched speculation that the University would follow the path of peer institutions—including Yale—that hire outside firms to steer their endowments...
...PricewaterhouseCoopers. She holds a master’s degree in business administration from the Simmons School of Management in Boston and a bachelor’s degree from the University of California, Berkeley. The other new face on the University’s finance team is Mohamed A. El-Erian, a star money manager and former International Monetary Fund official who became head of HMC last month. HMC invests the University’s endowment, while the finance VP is in charge of Harvard’s budget, among other responsibilities. —Staff writer Cyrus M. Mossavar-Rahmani...
...services. His critics should learn their lesson: if it ain’t broke, don’t fix it. The system was doing very well by any standards; there was no need to protest in the way that they did. We are confident that Mohamed A. El-Erian, the new manager of the endowment, will do a fantastic job in his new post. We hope the Harvard community will be more appreciative of the work that he does and not criticize the salary he draws. At the end of the day, the University benefits more from the endowment manager...
...When Mr. El-Erian arrives he will assess the current portfolio and in consultation with the HMC Board make any adjustments he deems necessary,” Longbrake wrote...
...arrival of the University's new endowment manager, according to Harvard spokesman John Longbrake. The print and original online versions of the Feb. 7 news article, "Ex-HMC Chief Opens $6B Fund," incorrectly reported that Harvard would wait until the arrival of endowment manager Mohamed A. El-Erian in mid-February before it commits money to Convexity. According to Longbrake, "the commitment is made" to invest $500 million in Convexity, which is led by El-Erian's predecessor, Jack R. Meyer...