The university adopted a new environmental and socially responsible investment policy in June to incorporate an ESG lens while moving beyond negative screening.
The college is searching for a director of investments as its current director is set to leave this month to join a Midwestern foundation with a focus on private investments.
Shannon O’Leary became the Saint Paul, Minn.-based foundation’s cio in May 2019, and her team has created a framework to evaluate the DEI practices of its current and prospective fund management teams for its approximately $1.9 billion portfolio. She took the time to answer 5 questions from FIN News.
The foundation will search for impact investments after adopting an ESG-integrated and impact investment strategy to mitigate the negative impacts of climate change.