A global asset manager has closed its third fund providing loans to commercial properties for projects improving energy efficiency or environmental resiliency.
The firm has sold its stake in a private equity manager, which has seen its assets under management quadruple to approximately $20 billion over the last seven years.
A private equity firm focused on the manufacturing and industrial sectors has raised a second fund with commitments from endowments, family offices and outsourced cios.
The endowment’s president and ceo is stepping down form the role to focus on personal priorities and the organization has named its recently appointed v.p. of programs and grants as the interim ceo.
The peer-learning network has launched a Responsible Tech & AI Initiative to engage endowments, foundations and financial service firms around various risks related to their investments in technology and artificial intelligence.