Thursday, 18 December 2014
Last updated 2 min ago
Aug 4 2014 | 9:11am ET
The largest college endowment in the world is turning its stock portfolio over to a former hedge fund manager.
Michael Ryan, the co-founder of JAI Capital Management, will join the Harvard Management Co. in September as its first head of public equity. HMC manages Harvard University’s $32 billion endowment.
“Public markets are an important driver of HMC’s returns and we are confident Mike will contribute significantly to our investment strategy and our ability to outperform our equity-market benchmarks,” the endowment’s head of public markets, Stephen Blyth, said.
Ryan, a Yale University alumnus, co-founded JAI in 2009 after stints at Credit Suisse and Goldman Sachs, only to close the fund two years later.
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…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.