MRI/Social Investments
The plan is looking to fill a role previously held by Dan Bienvenue, who joined General Atlantic as a managing director in April.
A private foundation and a healthcare and insurance company were some of the institutional investors to commitment to a private equity real estate impact investment fund that raised $140 million.
An initiative to support Tribal entities is looking to select fund managers or nonprofit development groups to invest in local businesses.
Faith-based investments offer an untapped opportunity for advisors to better understand the needs of investors, where one registered investment adviser’s new research finds a mismatch in the awareness and usage of the strategies.
The foundation is seeking an associate director for program-related investments to grow and manage its PRI portfolio.
More than half of institutional investors are requiring or plan to require asset managers to provide portfolio-level exposure to financially material environmental, social and governance risks along with impact and thematic reporting, according to a recent study.
The plan’s contract with its current ESG investment option will expire.
The pushback on diversity, equity and inclusion by the federal government, which plans to investigate whether DEI initiatives at several large universities and foundations are illegal, alongside several state governments has left some nonprofit institutions questioning their mission.
The fund is seeking information on creating a statewide community development financial institution to promote and integrate business development and access to capital opportunities for limited-income and underserved small businesses and communities in the state.
The foundation is launching an impact investment fund dedicated to driving growth and technological advancement in the region through venture capital.