Community foundations are increasingly adopting responsible investing strategies and thinking about hiring diverse managers.
Nearly half of endowments and foundations that don't allocate investments to ESG-themed strategies haven't even considered doing so.
North Carolina State Investment Fund Inc., Raleigh, returned 2.1% for the fiscal year ended June 30.
University of Minnesota's 1.6% endowment return as of June 30 was well above the -4.2% benchmark return.
New Mexico State Investment Council restructured its $4.1 billion domestic equity portfolio to improve performance.
Harvard University denied applying for or receiving funds from a program for small businesses, despite President Trump's claim that it did.
Rich universities are investing to save the heart of their college towns: the small businesses near campus.
New Mexico State Investment Council has committed up to $400 million to three alternative investments funds.
David Lee was named chief investment officer of the Chan Zuckerberg Initiative.
Duke University's endowment returned 12.9% in its fiscal year ended June 30.
Harvard University's endowment is in talks to move the management of a portion of its real estate investments to Bain Capital.
Brian H. Pellegrino was named chief investment officer for the Georgia Tech Foundation.
University of Minnesota Foundation, Minneapolis, returned a net 8.6% on its investments for the 12 months ended June 30.
Some of the biggest U.S. college endowments withdrew almost $700 million of Asia-focused investments in the second quarter.