An HBCU in the Mid-Atlantic region revised its endowment policy this week to implement a mandate that a majority of its endowment be managed by minority-owned investment firms.
Twelve investment consulting firms have launched the Net-Zero Investment Consultants Initiative with the goal of achieving global net zero greenhouse gas emissions by 2050 or sooner, according to an announcement.
HS Management Partners has hired a senior v.p. and head of business development and appointed a senior v.p. for client marketing to form a group to support existing clients that include foundations, endowments, high-net-worth individuals and families as well as drive new business opportunities.