Morgan Creek Capital Management LLC, a money manager that helps clients invest across asset classes in the style of endowments, agreed to acquire the alternative- funds business of Signet Capital Management Ltd.
The Chronicle of Higher Education tells us the median salary of public university presidents rose 4.7 percent in 2011-12 to more than $440,000 a year. This increase vastly outpaced the rate of inflation, as well as the earnings of the typical worker in the U.S. economy. Perhaps, most relevant for this community, it also surpassed the compensation growth for university professors.
The best chance for 19-year-old Dzhokhar Tsarnaev to avoid execution for the deadly Boston Marathon bombing may be to cooperate fully with investigators, or convince a jury he was “brainwashed” by his older brother.
Oando Plc, a Nigerian energy company, climbed the most in more than two weeks after Chapel Hill Denham Securities initiated coverage saying that its move into exploration and production may boost earnings.
A group of Occidental College students and alumni said they filed a complaint with the Education Department today alleging that the school doesn’t meet federal standards for preventing and responding to sexual assaults.
Dartmouth College canceled all arts and science classes today after some students were targeted by online threats after a protest against homophobia, sexual assault and racism disrupted an on-campus event.