(Bloomberg) --- Lane MacDonald, who oversaw private-equity investments for Harvard University’s endowment, has left the school to manage money for the Johnson family, owners of Fidelity Investments.

MacDonald will become president of Crosby Company of New Hampshire, the family office for the Johnson family, Vincent Loporchio, a spokesman for Fidelity in Boston, wrote in an e- mail today. The office is based in Salem, New Hampshire.

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