A sustainable and impact investing assessment found that the majority of surveyed endowments and foundations, 93%, have sustainable investing policies and practices in place with 73% having “sophisticated” or “robust” measures.
The firm has promoted a senior engagement specialist as its new head of ESG to integrate ESG issues across its investment strategies as well as investment policies, proxy voting and engagement practices.
The firm, which utilized artificial intelligence to build and manage investment strategies for institutional clients, closed after nine years in business.
The research analyst will conduct due diligence on sustainable investment products and managers as well as develop macroeconomic and capital markets research.
The director of finance helps oversee the foundation’s finances and investments, including managing and monitoring the portfolio in alignment with its investment policy statement.