New York City’s next comptroller will have to oversee the city’s roughly $100 billion budget as it claws its way out of an economic crisis prompted by the pandemic and ensure that more than $14 billion of federal pandemic aid is used wisely.
With $50 million to work with, Screendoor will invest in and advise new venture investors who are members of minority groups, whether they are striking out on their own or are partners of firms.
Screendoor’s a $50 million fund-of-funds backed by the likes of Duke, Harvard and Princeton to seed a new crop of underrepresented venture capitalists.
Community foundations are prioritizing diversity and have put an increased emphasis on considering hiring diverse managers for their portfolios, a new study found.
An organization in the Mid-Atlantic region has issued an RFQ seeking private equity advisors to provide due diligence of funds and direct equity investments as well as strategic planning, portfolio construction and other research.
A university in the South approved private real assets commitments within its endowment and replaced a public real assets manager within a separate investment pool at its investment committee meeting last week.
A university in the Mid-Atlantic region will divest from companies that are involved in the thermal coal and tar sands segments of the fossil fuel industry and set a target date to achieve net-zero greenhouse gas emissions within its investment portfolio.