Harvard University has tapped Mohamed El-Erian to head its $26 billion endowment.
El-Erian has been managing director at Newport Beach-based Pacific Management Investment Co. since 1998.
He oversees about $28 billion in emerging market bonds at Pimco and is considered one of the world’s most influential bond investors.
The Egyptian-born bond fund manager takes over at Harvard from Jack Meyer, who is leaving the university to launch an investment company.
The 47-year-old El-Erian is expected to start early next year. Pimco runs the world’s largest bond fund, Total Return, which is managed by William “Bill” Gross.
