Harvard Endowment Loses Ciaschini as Departures Increase

Matt Ciaschini, who oversaw $700 million of natural resource investments at Harvard University’s endowment, has resigned, bringing departures at the money manager to at least four in the past two months.

Ciaschini, a vice president at Harvard Management Co., left last month for personal reasons to join Newark, New Jersey-based Prudential Financial Inc.’s agricultural investments group, he said today by phone. Harvard reassigned his responsibilities and doesn’t plan to replace him, said Christine Heenan, a spokeswoman for the university.