MRI/Social Investments
The manager recently closed its second private credit impact investment fund after nearly doubling the fundraise for the preceding fund in the series.
The organization selected the final three managers in its search for debt and equity funds that align with its financial return objectives and impact priorities.
The foundation selected an impact investing strategy consultant as part of an ongoing effort to align its investment and financial assets with its mission.
The plan promoted from within for a director to lead and manage the SISS team.
Philanthropist MacKenzie Scott has donated more than $590 million to at least 14 historically Black colleges and universities this year to grow their endowments.
The university is considering replacing an existing ban on securities tied to oil and gas companies within two of its investment portfolios with more flexible environmental and societal impact investment guidelines.
The community foundation merged its long-term, mid-term and socially responsible investment pools this summer to reduce fees, improve performance and strengthen social impact.
The university has committed nearly one-third of the capital committed to the pan-Canadian impact investment fund, which expects to hold its final close on or before March 31.
The foundation is searching for a firm to design and implement a comprehensive impact-investing strategy for its investment portfolio, including designing allocation models, targets or benchmarks across asset classes around the themes of health, education and the environment.
The foundation has hired a director of impact investments to oversee its mission-aligned strategies.