Harvard Management, which runs the $26bn (€21.8bn) endowment fund of Harvard University, has appointed Peter Nadosy, a former president of Morgan Stanley Investment Management, as interim chief investment officer. He replaces Jack Meyer, who left after 15 years in charge.

Nadosy, a member of the board at the firm, will remain in the interim role until a permanent successor to Meyer is in place, according to a statement from James Rothenberg, chairman of the board of Harvard Management.