Harvard Management Company to Terminate Half of its Workforce

In a bid to turn things around, Harvard Management Company (HMC) plans to lay off approximately half of its workforce by the end of 2017. HMC plans to shutter its internally managed hedge fund units. Second, the indirect real estate investment team would exit by the end of 2017. Organizational complexity placed a burden on the endowment and a policy shift has been made.

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute

institutional investor investment mandates