Harvard's illiquid portfolio hits home

Fri Mar 6, 2009

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Harvard Management Company has seen its share of ups and downs, but the ongoing losses have sparked concern and have led to frozen salaries and a delay in its building projects.

The endowment has shrunk to $29 billion and despite plans to sell private equity holdings, the portfolio's liquidity...

ISSN: 2151-1845 / CDC10004H

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