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Harvard Pay for Top Money Managers Rose 50% to $49.3 Million

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Harvard University, the world’s wealthiest school, paid its top six endowment managers a combined $49.3 million in 2013, a 50 percent increase from the year before.

Stephen Blyth, who oversees the endowment, made the most at $11.5 million, according to the university. At the time, he was head of public markets at Harvard Management Co. and has since replaced Jane Mendillo, who left in December. Mendillo was paid $9.6 million in 2013, as was Alvaro Aguirre-Simunovic, the endowment’s natural resources portfolio manager.