Harvard endowment executive to leave, source says

The head of domestic fixed income at Harvard University’s endowment plans to leave at the end of the month, according to a Harvard official who spoke on condition of anonymity because the university doesn’t discuss personnel matters.

Marc Seidner had headed domestic fixed-income operators at the country’s largest college endowment since 2006. Harvard has warned of a likely 30 percent decline in the endowment this year.

Seidner’s duties will be taken over by another endowment executive, Stephen Blythe, during a transition period, this person said.
(Reuters)