The governor will consider passing a law that would bar state colleges or universities in the state from considering ESG-related factors when making an investment decision.
The university’s previous finance head left after two years in the role.
The position leads the investment strategy for the endowment’s private investments portfolio, which includes private equity buyout, growth equity, private real estate, private energy and venture capital.
The university approved adding a small-cap value equity fund and an all-equity ESG fund as fund options for participants within its defined contribution plan this month.
The foundation made two $1 million loans as part of its impact investment allocation, which targets 5% to investments that align with its mission.
The investment manager will serve as a generalist and source, underwrite, close and monitor investments across asset classes.
The trust fund added core-plus real estate fund this month as it looks to increase its exposure to manufactured housing and residential real estate.
The fund has partnered with two managers to launch a duo of funds that bar investments in fossil fuel companies or conflict-affected areas.
The association for municipal pensions has hired its first-ever cio to lead the investment strategy and portfolio management for its public employee retirement program.
The revisions see the foundation pivoting its investment portfolio further toward growth-oriented investments, including public and private equity.