A Midwestern state fund will interview private equity and private infrastructure managers to handle maiden allocations to each asset class in the coming months.
University endowments are committed to reducing carbon emissions in their portfolios, many with the goal of reaching net-zero by the year 2050, according to a recent webinar.
Two U.S. Representatives sent letters to 25 universities to express their concerns about the lack of diversity among asset managers of their endowments.
Public pension funds invested in malls, apartments and offices over the last decade in search of higher returns. Now they are grappling with how much those real-estate investments are worth in a world transformed by Covid-19.