A foundation based in Chicago will divest its investment portfolio from fossil fuel industries and invest more in renewable energy to mitigate the effects of global climate change.
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.
Once firms are in the program, the NEPC research team will consider them for inclusion in client portfolios and for future inclusion on the focused placement list.
A foundation in the Midwest has named an investment director as deputy cio effective immediately and he will succeed its v.p. and cio next year after he retires.