The minority-owned venture capital firm has closed two tech-focused funds with 90% of the combined capital coming from traditional, institutional LPs including endowments, funds-of-funds, foundations and consultants.
The investment advisor will absorb staff from the recently acquired Southeastern regional advisor as it looks to grow its individual and institutional client base in Florida.
The university system has added a fossil fuel-free passive index strategy to align with its recent mandate to divest its portfolios of direct and indirect investments in fossil fuels.
The foundation has surpassed its goal of investing at least 20% of its investment portfolio with firms led by managers of color or women ahead of its 2024 goal.
The firm has launched a new forest sustainability fund to promote climate change mitigation with a $500 million target.
The hospital system has launched a healthcare innovation fund to support healthcare-related startups, technology or service innovations and has already made two commitments of up to $1 million each.
The university is looking to add more investments that promote the global transition to less carbon-intensive energy sources as part of its net-zero carbon emissions endowment goals.
The Midwestern university-affiliated foundation added a global private equity commitment to an existing manager in the third quarter.
The university has promoted a senior portfolio manager to managing director following a search for the position after its previous managing director retired.
The university system is considering adding a fossil fuel-free passive index strategy to align with its recent mandate to divest its portfolios of direct and indirect investments in fossil fuels.