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Harvard University announced that Stephen Blyth will take over as president and CEO of Harvard Management Co. Since 2006, Blyth has been HMC's managing director and head of public markets, responsible for investments in public equity, credit, and fixed-income markets.arvard University announced that Stephen Blyth will take over as president and CEO of Harvard Management Co. Since 2006, Blyth has been HMC's managing director and head of public markets, responsible for investments in public equity, credit, and fixed-income markets.
Harvard Management Company, Inc. or HMC is an American investment management corporation, a wholly owned subsidiary of Harvard University charged with managing the university's endowment, pension assets, working capital, and non-cash gifts.he university hired Mohamed El-Erian to succeed Meyer as HMC's next president and CEO. He came from the bond trading company PIMCO and pledged to rebuild and reinvent the company. He announced his leaving September 12, 2007 to return to PIMCO after guiding the endowment to a one-year return of 23%.