Asset Study/Review
A college in New England will reduce its endowment’s fossil fuel holdings to zero over time and invest in energy transitions as part of its plan to address the ongoing climate crisis.
The plan authorized the issuance of an RFP as part of a newly approved credit portfolio structure.
The plan hired two passive investment managers at a board meeting last week following interviews.
The changes would result in manager searches across fixed-income, equity, real estate, private equity and infrastructure.
A university based in the Midwest is preparing a board of trustees vote to divest its approximately $2 billion endowment from fossil fuels.
A plan based in the West approved transitioning the management of its endowment to a single outsourced cio provider as well as new investment policy statements for its endowment and operating funds that codify its commitment to diverse managers at its investment committee meeting last week.
A college based in Minnesota approved divesting its endowment of public investments in oil or gas companies and barring future allocations to companies or funds invested solely in oil or gas last month.
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 Midwestern pension plan will conduct a hedge fund-of-funds manager search.
