Harvard University appointed Bob Jain, global head of Credit Suisse Asset Management who is joining Millennium Management, to the board overseeing its $37bn endowment, the fourth outsider added in the last year as the fund restructures.
Bloomberg News reports that the addition of the veteran banker and money manager brings to 12 the number of board directors at Harvard Management, the university’s investing arm, according to the school’s website. Jain attended his first meeting in March, according to Paul Finnegan, the board’s chairman.
In the meantime, Bloomberg also reports that Evercore Partners, the merger-advisory firm founded by Roger Altman, hired Tom Gallagher to expand the firm’s equity-research operation.
Gallagher joins from Credit Suisse, where he was an analyst covering life insurers, including MetLife. Evercore announced his hiring in a statement Wednesday that reported first-quarter results.