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The modified PME (or mPME) method was released by Cambridge Associates in October 2013. [7] [8] It provides an alternate way to tackle the negative NAV limitation of the LN-PME. Like the LN-PME and the PME+, the mPME consider an hypothetical public investment whose performance follows the public benchmark.
Cambridge Associates was founded by Harvard College roommates Hunter Lewis and James Bailey in 1973. [3]The firm initially provided investment research to endowments and foundations, and over time, it expanded its services to investment consulting and portfolio management for many institutional investors, such as endowments, foundations and pensions. [4]
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After working at the Boston Company, then one of the largest investment managers, where he became a vice president in 1972, Lewis in 1973 co-founded and served as co-chief executive and then chief executive of Cambridge Associates LLC, [2] an investment advisor to American research universities and colleges representing over three-quarters of U.S. higher education endowment assets, other non ...
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We can always encourage our athletes to sleep more. Have kids aged 6-to-12 get 9-to-12 hours per night and 13-to-18 get 8-to-10, the American Academy of Sleep Medicine says.