The foundation is searching for an investment manager to invest its portfolio and develop strategies that align with liquidity, risk and income criteria.
The university has hired a new cfo to oversee its finance and investments following a search from last year as its previous finance head left for a Southern university.
Peterfeso serves as managing director of investments at the Bush Foundation and oversees its approximately $1.5 billion endowment, leading asset allocation, manager due diligence and selection and rebalancing.
The foundation added an investment operations analyst to help prepare and execute all investments and assist in all investment-related or performance-related data collection following a search from the fourth quarter.
The university is looking to add sustainability investments to its endowment as it is on track to downsize its fossil fuel exposure over the next two decades.
The firm launched an ESG fund targeting U.S.-based companies helping to facilitate clean energy, pollution reduction, energy efficiency and social justice.
The firm has hired a portfolio manager to oversee its actively managed equity strategy focused on water technology companies.
The plan is looking for a firm to invest its portfolio assets, develop an investment strategy and policies, recommend investment-related changes and report and evaluate cash flows.
The foundation is searching for more diverse-owned managers and impact investment strategies as part of a new strategic plan to eliminate longstanding inequities that have held back many communities.
A consortium of 72 healthcare groups and hospitals across the nation is helping institutions launch or sustain impact investment programs that target the racial, economic and health disparities within their local communities and provide a diversified return.