Industry News
Northeast Pension Plan Divests From Eight Oil & Gas Companies

The divestments stem from New York State Comptroller Thomas DiNapoli’s Climate Action Plan.

Smaller Endowments Outperform Larger Peers As FY23 Average Returns Exceed FY22: Study

The average 2023 fiscal year return of colleges and universities’ endowments exceeded fiscal year 2022 returns as the smaller endowments’ public market exposures helped them outperform their larger peers.

Private Equity
Sustainable Investment Platform Makes Strategic Investment In Minority & Women-Owned PE Firm

The sustainable investment platform made a strategic minority investment in a minority and woman-owned middle market private equity firm and the investment will provide growth capital to enhance the firm’s infrastructure, capital base, human capital and overall resources.

People Moves
Global Manager Names New Sustainability Head

The firm has appointed a managing director and head of sustainability to leads its sustainability and responsible investment strategies and focus on developing its in-house ESG investing framework.

People Moves
Global Equity Firm Hires Portfolio Manager For Sustainable Equity Strategy

The firm has hired a portfolio manager and analyst focused on sustainable investments to lead its global sustainable equity strategy.

Midwest Economic Development Agency Seeks Firms To Launch Clean Energy Fund

The agency is looking for firms to help build and implement a bond and direct lending clean energy fund.

MRI/Social Investments
Rocky Mountain DC Plans Hire Sustainable Equity Manager

The plans added a sustainable equity manager to their lineup in October after initially receiving an ESG/socially responsible product analysis search book in April.

Investors Must Work Together in Pursuit Of Climate Finance Themes: Study

A new report finds finds that investors are actively seeking opportunities in areas like power generation and decarbonization, but few climate financing requirements have been met.

West Coast University Continues Scouting For Sustainability Investments

The university is still searching for sustainability-focused investments after reaching its initial socially responsible investment goal created five years ago.

Western College Approves Fossil Fuel Divestment Measures

The college agreed to prioritize selling all directly owned oil and natural gas wells and two legacy investment partnerships in fossil fuels.