Northwestern University

10/29/2024 | News release | Distributed by Public on 10/29/2024 13:59

Northwestern is accepting applications for the Advisory Committee on Investment Responsibility

Northwestern is accepting applications for the Advisory Committee on Investment Responsibility

Members of the University community are invited to apply by Nov. 27
October 29, 2024 | By Northwestern Now Staff

Northwestern community members, including alumni, are invited to apply to become a member of the University's Advisory Committee on Investment Responsibility (ACIR). The deadline for applications is Nov. 27.

The ACIR provides a forum for community members to raise issues related to investment responsibility and serves as a link to the Board of Trustees, which retains the sole authority to amend or restrict the University's investment policies.

The committee's first public meeting is expected to take place in January 2025.

The ACIR meets regularly to listen to issues raised by the community, review community proposals and assess whether to present such proposals to the Board. The review and assessment of proposals regarding divestment or other investment restrictions are guided by the principles embedded in the Board of Trustees Statement on Investment Responsibility, and the ACIR determines whether such proposals are sufficiently in line with the principles to warrant consideration by the Board of Trustees.

As vice president and chief investment officer (CIO), Amy Falls consults with the provost, leadership of the Faculty Senate, NUSAC and the Northwestern Alumni Association, as well as the vice president for Alumni Relations and Development, the vice president for Student Affairs and other leaders in the Northwestern community, in recommending a slate of members for approval by President Michael Schill.

Ideal candidates for membership will possess an interest in and appreciation for the complex role of the endowment in supporting the University's finances and be willing to serve as independent evaluators of complex issues. Members must recuse themselves from decisions in which they may have a conflict, such as employment or research support by an industry in question, or a leadership role in an advocacy or other affinity group that may be impacted by the proposed actions.

The ACIR comprises nine members and includes faculty, staff, students and alumni. The CIO will serve ex officio.

Learn more about the ACIR or apply for membership by Nov. 27.

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