The university is considering replacing an existing ban on securities tied to oil and gas companies within two of its investment portfolios with more flexible environmental and societal impact investment guidelines.
The community foundation merged its long-term, mid-term and socially responsible investment pools this summer to reduce fees, improve performance and strengthen social impact.
The university has committed nearly one-third of the capital committed to the pan-Canadian impact investment fund, which expects to hold its final close on or before March 31.
The foundation is searching for a firm to design and implement a comprehensive impact-investing strategy for its investment portfolio, including designing allocation models, targets or benchmarks across asset classes around the themes of health, education and the environment.
The estate of the co-founder of Microsoft and philanthropist has started a new foundation promoting bioscience and environmental stewardship based on the West Coast.
The environmental nonprofit Fund has issued an RFP seeking a fund manager to oversee a sustainability-focused impact investment vehicle targeting dairy farms across the U.S.
The firm has appointed a new head of responsible investment to lead cross-functional responsible investment initiatives and work closely with clients, regulators and industry organizations.