MRI/Social Investments
A Northeastern university has approved a recommendation to hold no direct investments in thermal coal production or in the production of oil from tar sands within its endowment.
A new investment fund will support minority-owned businesses in a Midwestern state.
Several foundations have helped launch a new impact investment fund.
A private investment firm has announced the promotion of three staff members.
A Northeastern university decided last week to convene a committee to examine its investments in fossil fuels and consider divestment.
A Northeast city is looking for active equity and fixed-income managers investing in climate change solutions.
The assumption that divestment can hurt the total return of an endowment is based on speculation, according to CJ Ryan, co-author of a recent research paper that found no discernible evidence that divestment of fossil fuels can negatively impact the total return of an endowment’s portfolio.
A Midwestern religious group is looking to hire a v.p. of social responsibility.
A Southern foundation will continue its place-based impact investing initiative in the future after completing the funding of its initial impact investment portfolio.
Nonprofits should focus on the purpose various alternative asset classes serve in their portfolio across market cycles as the unprecedented bull market continues into 2020, industry experts say.
