January 6, 2006
Money Managers at Harvard Earn Less
The Harvard Management Company's money managers, charged with investing the university's $26-billion endowment, took home smaller paychecks in the 2005 fiscal year than they did in each of the past two years.
In December, the management company released the compensation figures of its six most highly paid employees, who earned a combined total of $56.8-million. In recent years, alumni have criticized the university for paying its money managers what they called exorbitant salaries and
This content is only for subscribers. You can gain access by purchasing a:
Print Subscription
Digital Subscription
Already have an account? Log In Now.
-
The Chronicle Review
-
Government
-
Advice
