ESG
The university will consider commitments to climate solutions and venture capital strategies within its long-term portfolio at its board meeting this month.
Institutional investors continue to have an appetite for environmental, social and governance investing and incorporating ESG into their investment decision-making processes despite obstacles around data standardization and political headwinds, according to new research.
The venture capital manager recently closed its first climate tech fund-of-funds at its hard cap with commitments from large endowments and foundations.
The endowment has committed to aligning its $4 billion in assets under management with its mission and values and is developing a new impact framework to guide its investment decisions.
The firm has launched a new short-duration bond fund focused on decarbonization with a seed commitment from an investment consulting firm, while also making several new appointments within its core multi-strategy business.
The divestments stem from New York State Comptroller Thomas DiNapoli’s Climate Action Plan.
The average 2023 fiscal year return of colleges and universities’ endowments exceeded fiscal year 2022 returns as the smaller endowments’ public market exposures helped them outperform their larger peers.
The sustainable investment platform made a strategic minority investment in a minority and woman-owned middle market private equity firm and the investment will provide growth capital to enhance the firm’s infrastructure, capital base, human capital and overall resources.
The firm has appointed a managing director and head of sustainability to leads its sustainability and responsible investment strategies and focus on developing its in-house ESG investing framework.
The firm has hired a portfolio manager and analyst focused on sustainable investments to lead its global sustainable equity strategy.
