Tuesday, June 23, 2009

 

Harvard University loses another top investor

Fixed income manager is latest to leave endowment

Harvard University, whose mammoth endowment has been slammed by the market downturn, is losing another one of its top investors.

Marc Seidner, who oversees investments in US fixed income securities at Harvard Management Co., plans to resign at the end of the month, according to a person familiar with the matter. Seidner couldn’t be reached for comment. A Harvard spokesman declined to comment.

In addition, Michael Llodra, another member of the fixed income team, plans to leave the investment group in the next few weeks, the person said...

Boston Globe: Harvard University loses another top investor

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