The alternatives manager has completed the first close of its latest strategy targeting venture fund-of-funds and direct investments in technology companies.
The fund added two new private credit managers to its portfolio last week following a recommendation from its general investment consultant due to an expected recessionary environment and opportunities expected to arise from the recent regional bank crisis.
The proportion of global investors committing to net-zero carbon emission portfolios is growing, but many investors around the world are temporarily slowing down their decarbonization efforts, largely in response to the Russia-Ukraine war, according to a recent survey.
The firm has hired a global head of thematic investing to lead and develop its active thematic investing offering, which focuses on companies that benefit from long-term secular trends.
The foundation opted to retain its incumbent manager for its portfolio following a search from the third quarter as its policy requires the services be put out for bid every six years.