Harvard's Investment Dealings With Israel

On that Harvard "disinvestment" story?

Here is the confirmation in writing from John Longbrake, Sr. Communications manager at the Harvard Management Company as follows:

From: "Longbrake, John"

Date: Mon, 16 Aug 2010 11:08:31 -0400

To:

Subject: RE: Harvard Management Company Divesting from Israeli Holdings- Please Explain

Dear Dr. XXX,

Thank you for taking the time to write.

The Management Company's most recent SEC filing details changes in holdings, as is routine, but no change in policy. The University has not divested from Israel. Israel was moved from the MSCI, our benchmark in emerging markets, to the EAFE index in May due to its successful growth. Our emerging markets holdings were rebalanced accordingly. We have holdings in developed markets, including Israel, through outside managers in commingled accounts and indexes, which are not reported in the filing in question.

I hope that this is helpful.

Sincerely,

John

See here as well.

- - -