Convexity Capital Management LP, the $12.6 billion fund run by Harvard University’s former endowment head Jack Meyer , told clients it had a “disappointing” first quarter as it missed benchmarks by 1.5 percentage points amid falling volatility.
Convexity Capital Management LP, the $12.3 billion fund run by Harvard University’s former endowment chief Jack Meyer , told clients it beat benchmarks by 5 percentage points last year in a “mediocre” trading climate.
Shortly after she took over as chief executive officer of Harvard Management Co. on July 1, 2008, Jane Mendillo gathered the university endowment’s 200- member staff for a town-hall-style meeting at the Federal Reserve Bank Building in downtown Boston, across the Charles River from Harvard University.
Bill Gross , who runs the world’s biggest mutual fund , takes a seat in a conference room and makes a confession. Overlooking the ocean at the headquarters of Pacific Investment Management Co., Gross describes missteps that doomed his bond firm’s experiment with equities in the mid- 1980s.