The firm has appointed a managing director and head of sustainability to leads its sustainability and responsible investment strategies and focus on developing its in-house ESG investing framework.
The university has hired a discretionary investment consultant after conducting an invitation-only RFP process that began in the second quarter of 2023.
Nonprofits still see opportunities in alternative asset classes, like smaller or specialized buyout strategies, venture funds or private debt strategies that benefit from macro trends like the higher interest rates, rapid development of artificial intelligence or transition to clean energy.
The firm’s latest fund targeting value-added investments in hotels across the U.S. was oversubscribed after receiving commitments from endowments, foundations, public and corporate pension plans, insurance companies and wealth management firms.