A university system in the South added a private equity commitment within its endowment alongside some changes to its public equity portfolio to achieve a more balanced and global approach at its investment committee meeting this week.
The cio of a New England-based university left the institution to join Glenmede’s endowment and foundation management business as its next cio following the retirement of its current investment head.
University is pursuing clean energy investments to mitigate the negative impacts of climate change as it has barred public investments in fossil fuel companies.