Friday, 26 December 2014
Last updated 1 day ago
Dec 14 2012 | 10:25am ET
Harvard University's endowment has hired two former hedge funders to boost its equities effort.
Sanjiv Bhatia was named a portfolio manager for emerging markets stocks at Harvard Management Co., which has $30.7 billion in assets. Bhatia formerly ran Deephaven Capital Management's Asia office and had been set to join CQS.
In addition, GLG Partners veteran Al-Wadhah Al-Adawi joined the endowment.
"These new colleagues bring a remarkable breadth of experience and expertise in emerging markets and international equities," Stephen Blyth, head of public markets at HMC, said. "They will further increase our ability to take advantage of investment opportunities across global equity markets to deliver superior investment returns."
Bhatia recently closed his own hedge fund, Isometic Investment Advisors.
In addition to Bhatia and Al-Adawi, Harvard also hired Amit Tiwari, formerly of the Lakshmi Mittal family office, and Srdjan Tanjga, formerly of 40 North Industries.
Harvard's endowment was among the earliest institutional investors to adopt hedge funds and is a major investor in the asset class. In addition, it has served as a launching pad for several managers to go on to launch hedge funds of their own, including Adage Capital Management and Convexity Capital Management.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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