Doris Duke Foundation Hires Chief Technology Officer
Hong Qu will oversee the $2 billion foundation’s use of artificial intelligence and other emerging technologies.
Technology sector weight increases but remains a small slice of the total—for now.
Growing sophistication and customization of exchange-traded funds is expanding their use by investors to more strategic, long-term investments.
The pension giant’s acquisition of a majority stake in Tarchon is its fourth major investment in the sector in less than one year.
The $25.2 billion pension fund for university employees is focusing on hiring for its private real estate, infrastructure and agriculture allocations.
Community foundation returns topped private foundations’ for a third year in a row.
The investment is part of New York City Comptroller Mark Levine’s goal to invest $4 billion in housing construction and preservation.