ESG
The institution approved divesting its endowment from companies profiting from the war in Palestine earlier this month and will look to explore investments that proactively support humanitarian and entrepreneurial companies doing positive work in the region.
The foundation is looking to allocate more of its endowment to diverse-owned managers and impact investments within Native American communities after approving a new strategy in the fourth quarter.
Gould helps oversee the Seattle-based foundation’s finances and approximately $825 million investment portfolio, abiding by an investment policy that incorporates a racial equity lens and encourages the organization to add more diverse-owned managers.
The firm has launched its flagship private equity decarbonization program for investors that aspire to reduce the carbon footprint of their portfolio and contribute toward achieving net-zero targets.
The global manager has finalized the second close of its fund targeting sustainably managed forestlands globally with approximately $335 million in commitments.
The program has adopted a proposal from its state treasurer to transition the emerging markets investment option in its select plan to a fund that excludes investments in China-based companies due to ongoing geopolitical tensions and significant investment risks.
The university’s board of trustees expanded the assault weapon divestment policy to cover assault weapons manufacturers that engage in retail activities to the general public.
The pension recently added a sustainability-focused public equity manager alongside private equity and real estate commitments.
The university approved recommendations to commit to climate solutions and venture capital strategies within its endowment at its March board meeting.
Six foundations were among 16 early investors to commit to a Western investment manager’s second private credit fund, which aims to provide U.S. farmers with tailored loans.