The fund will consider approving a new strategic asset allocation for its portfolio as well as review the cost and benefits of hedging the fund’s oil and gas revenues as requested earlier this year.
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.