The university is creating a sizeable endowment to support scholarships for disadvantaged students that also includes a venture fund for student and alumni entrepreneurs.
A working group of consultants has submitted a letter expressing reservations about a new rule from the Securities & Exchange Commission requiring climate disclosures for public companies.
The university has added two commitments as part of its initiative to invest 5% of its portfolio in impact investments, while reducing the carbon footprint of its portfolio over the last two years.
The associate will help in all facets of portfolio oversight as the foundation is looking to add capacity to help maximize its endowment and program-related investments and manage a complex, larger, more mission-aligned portfolio.
Kernaghan is senior director of investments at the Chicago Community Trust, leading its impact investments program of donor-advised funds. She took the time to answer 5 questions with FIN News.