The California Endowment Will Plow Its Entire $4 Billion Into Mission Investments
ESG may be a dirty acronym to some institutions these days, but one endowment is going all-in on it.
The California Endowment, a private non-profit focused on expanding access to affordable and quality healthcare in the state, is expected to announce that it is planning to move its entire $4 billion in assets under management into mission-aligned investments. The endowment is one of the largest to do so, following in the footsteps of the Heron Foundation and the Nathan Cummings Foundation.
Source: Institutional Investor (link opens in a new window)
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- Investing
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- ESG, impact bonds, impact investing
