Michael McDonald

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Ocean Views For $90,000 As Nicaragua Crisis Hits Real Estate

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The Central American nation was already one of the cheapest places to live in the Americas.

Red Cross Picks Cambridge Associates To Manage Investment Office

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The organization's portfolios total about $3 billion, sources said.

Harvard Alums Have An Idea To Improve Endowment: Buy Index Funds

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The alumni group argues the S&P 500 has produced better returns than Harvard for a decade.

College Basketball Made Louisville, Then Broke It

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Money ruled everything around this basketball-mad university town long before the Adidas bribery scandal.

Hedge Fund Manager Trailing Buffett Sours On Long/Short Bets

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Ted Seides said funds are struggling to profit from shorting stocks.

Ex-Harvard Money Manager Said To Launch Digital-Currency Fund

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Lewis Felias was a portfolio manager focusing on Asian equity markets during his tenure at Harvard Management.

Harvard Said To Seek Sale Of Eucalyptus Plantation In Uruguay

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Harvard Management Co., which oversees the $35.7 billion endowment, is looking to restructure the $4 billion of assets in its portfolio.

Harvard President Will Step Down In 2018 After 11 Years

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Drew Gilpin Faust, an author and Civil War historian, succeeded former U.S. Treasury Secretary Larry Summers.

Harvard Man Mindich Loses Out In Endowment Hedge Fund Overhaul

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Eric Mindich has donated $15 million to Harvard. Now the university is withdrawing assets from his investment firm.

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