ESG
The university adopted a new environmental and socially responsible investment policy in June to incorporate an ESG lens while moving beyond negative screening.
The strategy is the largest private fund formed to decarbonize the real estate industry.
The firm hired its first head of ESG to build an ESG function and work with its investment teams to assess ESG risk and opportunities throughout the investment cycle.
Investment committees should enlist a sustainability specialist to provide expertise and open a dialogue between committee members.
The university has submitted a letter endorsing a proposed new environmental disclosure rule that aims to categorize certain types of ESG strategies broadly and require funds and advisers to provide more specific disclosures.
The firm hired a portfolio manager to support the expansion of its sustainable multi-asset offering.
The global head of responsible investing resigned from the role, which he has held since July 2021, this month after being suspended following a presentation at an industry conference in May.
The discretionary manager has closed its inaugural private equity environmental impact fund with more than $140 million in client commitments.
The foundation is conducting an annual asset allocation review for its investment portfolio alongside an ESG and DEI scoring process with its new general investment consultant.
Letter was sent to colleges and universities including Harvard University, Yale University and Duke University, arguing that diversification in investment must not come at the expense of abetting human rights violations.