ESG
The council will assist the global investment and wealth management firm’s clients align their portfolios with their mission.
The fund is expected to notify one of its managers of its placement on the state’s initial list of 13 financial institutions that are banned from state contracts due to their boycotts of fossil fuel companies or failure to reply to a questionnaire.
The firm recently held a first close of its climate private equity strategy with $500 million in capital commitments.
The university is helping devise an ESG-related investment policy for its affiliated foundation, as the institution weighs a pivot toward illiquid strategies within its endowment in June.
The bill will now advance to the Ohio House of Representatives.
The plan made commitments to new manager relationships and terminated a firm due to performance and outflows.
The university will consider gradually eliminating its fossil fuel exposures as well as pivot its target allocation toward illiquid strategies within its endowment this week.
The foundation is looking to add impact or mission-aligned investments to its portfolio as part of its pledge to make it completely values-aligned over the next five years.
The university will begin divesting its endowment from fossil fuels immediately as it also explores options for clean energy investments.
The plan sees fixed-income opportunities in the decarbonization of the economy.