Social justice funds addressing diversity, equity and inclusion are gaining traction with a growing base of institutional investors, leading asset managers to develop and offer solutions that invest in companies and communities that support people of diverse backgrounds.
The institution expects its exposure to climate transition solutions to exceed exposure to fossil fuels in the coming years as investment activity in climate transition ramps up and fossil fuel exposure winds down.
The university disclosed follow-on credit, venture capital and real estate commitments made in the fourth quarter of 2022 within its long-term portfolio.
The firm has appointed a senior v.p., global treasurer and head of mergers and acquisitions from its wholly owned subsidiary alternative credit specialist manager.
The outsourced cio has appointed its managing director and global head of client development as president and chief client officer and added internal and external members to its board.
The university is searching for an investment analyst to provide support for investment and strategy decisions and work with the investment team to monitor and research investments across asset classes.
The fund approved terminating a domestic large-cap growth equity manager due to underperformance and reinvesting the proceeds with an existing passive equity manager relationship late last year.
The plan added a balanced fund manager within its advisor and direct plans to its watchlist due to underperformance.
The institution is looking to build out its investment team with a managing director for public investments and a managing director for private investments.
The college savings plan has issued its RFP seeking 529 industry consulting services due to the April 16 contract expiration of its incumbent provider.