A foundation in the Mid-Atlantic region will divest its endowment from existing fossil fuel interests while refraining from future fossil fuel investments.
The COVID-19-induced sell-off wreaked havoc on healthcare organizations’ returns both in the short- and long-term following the first quarter drawdown, according to a recent survey.
A new outsourced cio firm has launched in the growing discretionary and non-discretionary advisor space to serve foundation and endowment, institutional retirement plan and wealthy family clients.