The board of governors and board of trustees of a university in the Northeast approved divesting its endowment from fossil fuel investments on March 9.
A foundation in the West has hired a managing director to assist in the oversight and management of its investment portfolio with a focus on private equity.
A community foundation in the Mid-Atlantic region transitioned to an outsourced cio model last month with the hiring of a firm to handle its more than $300 million in assets.