MRI/Social Investments
Social justice funds addressing diversity, equity and inclusion are gaining traction with a growing base of institutional investors, leading asset managers to develop and offer solutions that invest in companies and communities that support people of diverse backgrounds.
The institution expects its exposure to climate transition solutions to exceed exposure to fossil fuels in the coming years as investment activity in climate transition ramps up and fossil fuel exposure winds down.
The college announced it will eliminate all direct holdings of fossil fuel companies and will not make new investments in private funds that focus exclusively on oil and gas extraction.
The treasurer’s office has selected an investment advisor to handle its infrastructure fund in a non-discretionary fund-of-funds structure following a search.
The foundation’s affordable housing impact has raised $13.5 million, exceeding its initial five-year fundraising goal.
Institutional investor engagement in sustainable and impact investing has experienced 80% growth since 2018, new research finds.
The foundation has named its cfo as executive v.p. for impact investing to help launch an innovative social impact investment portfolio.
The company along with a foundation and economic development-focused commission have committed to a regional impact vehicle as lead investors to accelerate community development funding across Appalachia.
The firm hired a head of impact to join its in-house team that supports management teams as they lead their portfolio companies.
The firm has completed its acquisition of a specialist global ESG and impact fixed-income investment manager, adding approximately $1 billion to its total assets under management.