Asset Study/Review

A university in New England approved a new investment policy last week that will end the investment of its endowment in fossil fuels.

A fund in the South revised the target asset allocation for its portfolio in April, increasing its targets to infrastructure at the expense of energy investments.

A university based in the Midwest is considering a new asset allocation for its endowment that would increase its exposure to private equity.

An HBCU in the Mid-Atlantic region revised its endowment policy this week to implement a mandate that a majority of its endowment be managed by minority-owned investment firms.

A foundation based in the Midwest recently adjusted its asset allocation targets, shifting toward equity and away from fixed-income.

A Virginia-based pension plan shifted assets from its private credit portfolio and added two commitments at its board meeting yesterday.