Daily Feed
The university has added two commitments as part of its initiative to invest 5% of its portfolio in impact investments, while reducing the carbon footprint of its portfolio over the last two years.
The Western state senator has introduced a bill to create a nonprofit and endowment to support economic development and diversification in communities across the state that have historically relied on fossil fuels.
Northern Trust Wealth Management has appointed a senior managing director to lead its Barrington, Ill. office and lead a team of banking, trust and investment professionals in delivering holistic advice and client service to foundations, endowments and other investors.
The plan is looking to place nearly $770 million with two managers.
The plan committed $700 million to two alternative managers.
Plan added a $20 million re-up commitment at this month’s board meeting.
Plan is in the process of finding a replacement for Robert Clark.
The institute retained its incumbent investment advisor following a search from last year.
The multi-stage fund invests in cybersecurity startups.
District is searching for a firm to manage its $30 million portfolio.