The fund approved the infrastructure commitment to a Southern-based firm with which it has previously committed more than $1 billion during its board meeting this week.
College will phase out its indirect investments in fossil fuels, including real assets funds related to oil and gas extraction, with the goal of completing liquidation of the funds by 2033.
Revised asset allocation raises private equity and real assets targets for long-term investment pool to take advantage of its long-term investment horizon and add more balance to the portfolio.
Director of investments left the foundation last month after more than four years to join a financial services company’s private capital advisory team.
University has awarded a new investment advisor and an incumbent advisor in its search for firms to handle its portfolio on a discretionary basis from last year due to the contract expirations of the incumbent providers.
A new outsourced cio was selected at yesterday’s board of directors meeting following the university’s issuance of an RFP for the services last year for due diligence purposes.
A foundation in the Northeast is searching for its first chief financial and impact investment officer to oversee its finances, investments and operations as its looks to create a new impact investing strategy.