Asset Study/Review
A university in Canada has committed to reducing the carbon footprint of its pension and endowment portfolios by 50% by 2030 and achieving full carbon neutrality by 2040.
The plan approved several changes to its asset allocation at a board meeting today.
The plan will interview two private equity managers this week after approving a new asset allocation in May.
A university in the West revised the investment policy for its endowment in the first quarter, eliminating its alternative investment allocation range and authorizing direct investment in real estate.
The plan agreed to advance a general investment consultant RFP and retain its private equity advisor.
Hires stem from a newly adopted asset allocation.
A foundation based in a Great Plains state has issued an invitation-only RFP for an investment consultant to conduct an asset allocation study.
The plan will review an asset allocation study that may introduce two new sub-asset classes next month.
A university on the West Coast approved convening a committee to investigate a proposal to divest its endowment of fossil fuels and reinvest in more environmentally sustainable assets at its board meeting earlier this month.
The plan, which lost previous CIO Seth Kelly in June, appointed a permanent replacement at today’s meeting.