MacArthur Foundation raises impact mandate to $750 million, up 50%
ImpactAlpha reports the foundation's assets at $10 billion, making the mandate 7.5% of that total.
At a glance
The MacArthur Foundation raised a mandate to its "impact banker" to $750 million, an increase of 50%, ImpactAlpha reported on October 8.
The report puts the foundation's assets at $10 billion, making the new mandate equal to 7.5% of that figure.
A 50% increase from the prior mandate implies an earlier commitment of about $500 million, although the report does not state the prior amount.
The MacArthur Foundation raised a mandate to its "impact banker" to $750 million, an increase of 50%, ImpactAlpha reported on October 8.
The report puts the foundation's assets at $10 billion, making the new mandate equal to 7.5% of that figure.
A 50% increase from the prior mandate implies an earlier commitment of about $500 million, although the report does not state the prior amount.
Save this analysis and keep the funds you follow together in My Desk.
Sign in to save articles or follow funds.
MandatesOregon's $104.6bn pension fund extends emissions reporting to private assets
MandatesNest awards Wellington a £3.5bn emerging markets mandate for ESG risk and stewardship
The Wrap