The firm has hired a chief impact officer to deliver an impact investing platform and establish the firm as a thought leader in impact private markets.
The university will divest its endowment from investment funds that have direct fossil fuel exposure by 2030 after a student activist group occupied an administrative building for 18 days.
The plan is looking for a firm to invest its portfolio assets, develop an investment strategy and policies, recommend investment-related changes and report and evaluate cash flows.
The department has issued an RFP seeking investment consultants to assist with vendor searches, review proposed fund lineups and maintain and practice a formal investment review process for its retirement plan.
The foundation is searching for more diverse-owned managers and impact investment strategies as part of a new strategic plan to eliminate longstanding inequities that have held back many communities.