The global head of responsible investing resigned from the role, which he has held since July 2021, this month after being suspended following a presentation at an industry conference in May.
The new program aims to establish and maintain student-run investment funds at select schools and will establish scholarships for students to increase education affordability.
The institution approved increasing its investment with an existing equity manager for the third time in over a year after first hiring the firm in early 2020.
The Midwestern based firm has launched a partnership with tribal governments nationwide to provide access to capital to indigenous entrepreneurs and offer education about the opportunities and pathways that exist for success.