Harvard University endowment - Jack Meyer

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Jack Meyer managed HMC from 1990 to September 30, 2005, beginning with an endowment worth $4.8 billion and ending with a value of $25.9 billion (including new contributions). During the last decade of his tenure, the endowment earned an annualized return of 15.9%.^[7] In part after compensation disagreements, a number of HMC managers including Meyer himself left to form their own investment management firms.

Facts to review:

1. Jack Meyer managed HMC from 1900 to 2005
2. Last decade of his management, Jack Meyer made 15.9% annual return from 1995 to 2005
3. Jack Meyer left and formed their own investment management firms