Jan 29, 2020BoardMeeting
BoardSsu Foundation Investment Committee Investment Committee Minutes
The committee discussed the NACUBO-TIAA study of endowments, noting SSU's endowment growth into a new peer group. Graystone Consulting presented a quarterly report on pooled endowment investments, and the committee approved investments in the Goldman Capabilities Vintage VII Fund and the NB Select Opportunities Fund III. Additionally, the committee reviewed the Galbreath Endowment quarterly performance and approved the presentation of a new quasi-endowment fund policy to the Board. Finally, the committee was briefed on upcoming discussions with Associated Students regarding portfolio holdings and fossil fuel investment exposure.