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The plan approved the commitment as part of its pacing plan last month.
The global firm is acquiring the manager’s ETF business and infrastructure, which focuses on supply chain onshoring and energy transition.
The flexibility and environmental impacts of a portfolio targeting net-zero greenhouse gas emissions enhances the ability of endowments to support climate change solutions without sacrificing returns, according to endowments and their investment consultants.
Managers need to target consulting firms that align with their business, upgrade their consultant relations team, embrace consultant databases and position themselves as though leaders to successfully master those relationships, according to a new report.
A university based on the West Coast has completed divesting its endowment from fossil fuels after five years.
The college is growing its endowment to more than $1.5 billion after estate commitments and a matching gift from an anonymous donor.
The fund will consider hiring an overlay manager to synthetically replicate its public credit benchmark and policy index after holding a second reading and considering adopting proposed changes to its investment policy statement and strategic asset allocation.
The university has hired a new v.p. and cfo from a nearby institution following a search from the first quarter as its previous finance head left for another West coast university.
The hospital system is seeking an investment advisor to assist in formulating objectives and drafting written policies for selecting investment options, while serving as a co-fiduciary for its defined contribution plan.
The college has hired an investment associate to focus on its private equity and venture capital portfolios after adding an associate to focus on the portfolios last year.