Staff members will follow sanitation and social distancing protocols required by the state, the executive director said.
Asset Management Culture
However, weak krone erases over $438 million in value from now-excluded holdings.
The pension was about 66% funded before the COVID-19 pandemic.
The financial services company joins others using the artificial intelligence technology to automate reports in nanoseconds.
University projects a $750 million revenue shortfall in FY21 in light of the economic fallout of the coronavirus.
The endowment’s allocation to the energy sector has already been significantly reduced to 2.6% of its portfolio.
Hiromichi Mizuno joins Tesla to serve the board as an independent director and on its audit committee.
Harvard, Penn, Yale act after Trump administration says subsidies should go to less wealthy institutions.
Report says paying for pensions should come from sources other than education budgets.
Directive for $41 billion endowment stops short of fossil fuel divestment demanded by faculty.
A patchwork of states allows remote witnesses, since in-person regulations have been made inconvenient by social distancing measures.
During his six years as DCIO, the investment professional helped team members build out the fund’s alternatives portfolio.
The pension fund seeks lucrative opportunities during the virus-driven downturn, but some staffers think the deal is too risky.
A survey by Eaton Partners concludes many institutional investors are keeping their allocations to private assets the same or increasing them.
The relief, managed by private equity firm Sun Mountain Capital, comes from the state’s $5.3 billion severance tax permanent fund.