A foundation based in the Midwest is among a group of institutional investors that has committed to a value-add real estate fund focused on diverse-owned real estate operators or enterprises.
Foundations and endowments looking to deliver positive social or environmental outcomes in underserved areas alongside a financial return should look to private markets to generate that impact in 2022, according to a recent report from an investment consulting firm.
A social impact investment fund designed to support minority depository institutions and community development financial institutions has issued an RFP seeking firms to help manage the vehicle with a focus on minority- and women-owned fund management firms.
A university in the South has created an investment fund that will draw from its endowment to promote local residential and commercial development projects.
A college in the Northeast will consider investments that support the transition to a green economy as part of its adoption of a new investment policy at its October board meeting.
An asset manager has appointed a chief sustainability officer to oversee firm-wide sustainability initiatives, including investment integration, advocacy and corporate transition to net-zero.