The university has begun the process of reviewing a resolution that would limit basing investment decisions on political and social events unrelated to the university in response to campus pressure to divest from companies involved with the Hamas-Israel armed conflict.
Global recession should be avoided in 2024 as global growth will be in line with consensus expectations across major regions, according to a recent investment manager’s survey.
The foundation is searching for a director to evaluate, recommend and monitor investment opportunities across public markets, including global equity, marketable alternatives and credit.
The organization, which is focused on shifting the paradigm of who controls capital, has appointed an advisory board to help achieve its goal of having 33% of assets under management handled by gender-diverse and racially diverse fund management teams by 2033.
The fund will review the asset allocation for its portfolio later this year, including changes to targets and the addition of new asset classes, as capital market assumptions have changed significantly since a review was last conducted in 2021.