MRI/Social Investments
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.
Two managers were selected to manage the capital investment vehicle designed to channel private capital to mission-driven banks due to their complementary backgrounds.
The foundation is planning to utilize a new donation for its health-focused impact investment portfolio.
The foundation has named a ceo of its impact investing arm, which has more than $400 million in investments.
State Treasurer Tobias Read announced a framework to fully decarbonize the pension fund by 2050.
The organization launched a private market ESG fund that aligns with its environmentalist mission with an initial allocation of $19 million.
The church helped seed a fund aimed to spur housing and economic development in New York City.
The foundation invested in a fixed-income impact fund that will directly invest in housing in the state.
The association hired a firm to assist in implementing its racial justice investing plan following a search with its investment committee dividing the process into two phases with the first focused on training and evaluation and the second focused on investment consulting, which will require a future search.
The firm hired a senior managing director and head of responsible investing strategy and solutions to support its growth and expertise in the responsible investing space.