Asset Study/Review

The university is conducting a further review of 18 diverse firms after meeting with 100 managers across public and private asset classes in the first half of 2022 as it looks to invest at least $2 billion with diverse investment firms.

Plan approved a new asset allocation policy that addresses the current marketplace.

The plan approved new credit, venture capital and real estate commitments as well as several changes to its target asset allocation last week.

New public equity policy targets will help the plan better align with the global marketplace.

College will phase out its indirect investments in fossil fuels, including real assets funds related to oil and gas extraction, with the goal of completing liquidation of the funds by 2033.

The university is planning to divest its portfolios from direct fossil fuel investments by May 31 and indirect fossil fuel investments by 2030.