The firm has launched a new short-duration bond fund focused on decarbonization with a seed commitment from an investment consulting firm, while also making several new appointments within its core multi-strategy business.
The firm has promoted five team members, including two to managing director, as they have contributed to accelerating the firm’s momentum in the space.
The foundation has added three nonprofit leaders to its board of directors with one expected to join its finance and investment committee, which oversees the organization’s endowment.
The foundation made an investment in an initiative that aims to increase capital access for Black/African-American, Latinx, Native American and other people of color-led businesses, nonprofit organizations, financial intermediaries and venture funds.
The firm has hired a co-cio to help lead its investment activities, including investment research, manager sourcing, portfolio construction and risk management