Asset Study/Review
The fund approved divesting its portfolio of direct holdings in companies that boycott energy companies and Israel after a state agency released a list of companies that must be divested from last year.
The university will divest its endowment from investment funds that have direct fossil fuel exposure by 2030 after a student activist group occupied an administrative building for 18 days.
The foundation is searching for more diverse-owned managers and impact investment strategies as part of a new strategic plan to eliminate longstanding inequities that have held back many communities.
The plan increased its fixed-rate debt target by reducing its public equity target last month.
The plan will revisit a proposed asset allocation that would incorporate a maiden private credit target at next month’s board meeting.
Plan will consider options for redirecting its dedicated emerging markets equity allocation at a future meeting.
The university is conducting an asset allocation study to assess its risk profile and asset allocation targets.
The nonprofit has been gathering diversity statistics on its managers for years but has not publicly disclosed the figures yet.
The foundation is looking to build out its private investments over the coming years after revising its target asset allocation and significantly increasing allocations to several alternative asset classes in fiscal year 2022.
A congressional committee is looking into the Ivy League school’s potential holdings with entities deemed to be foreign adversaries.