The foundation recently appointed the chair of one of the world’s largest stock exchange groups to its board of trustees, which oversees its investment strategies, allocations and performance.
The foundation has committed to achieving net-zero greenhouse gas emissions for its endowment by 2050 and the strategy centers on investment in climate solutions and other climate-focused strategies as well as engagement with asset managers and others on data, disclosures and decarbonization plans.
The fund will consider adding a new private equity manager within its trust fund portfolio following a presentation from the firm at its board meeting this week.
The college has hired a cfo to oversee its financial operations and strategies as its v.p. of financial services and treasurer is set to retire after 30 year of service at the institution.
The organization is searching for an investment consultant to assist with strategic investment planning, investment manager due diligence, investment market research, portfolio monitoring and investment performance measurement.
A group of local college students, along with a handful of Massachusetts lawmakers, are advocating to tax nearly a dozen elite Massachusetts colleges and universities, whose multibillion-dollar endowments they say should fund early and higher education opportunities for students beyond these campuses.