Conference Coverage
Involving diverse investment firms in manager searches largely comes down to sourcing and intentionality, according to a public markets panel at the CalPERS/CalSTRS Catalyst conference held on June 26-28 in San Francisco.
Trade associations in the diverse manager space discussed the disappointing state of the industry and what can be done to grow those numbers at the National Association of Securities Professionals’ annual financial services conference held in Philadelphia on July 24-26.
The 20th anniversary of Consortium took a look back at the progress made around emerging and diverse managers over the past two decades but event panels also reiterated the work left to do.
From it’s beginnings 20 years ago as a startup conference run by Renae Griffin to today’s version under GCM Grosvenor, Consortium has brought over 6,500 attendees together to further the emerging and diverse asset manager community.
Emerging manager-of-managers professionals shared occurrences that gave them immediate pause when vetting a manager during The Navigating the Challenges of the Due Diligence Process panel.
Intentionality in incorporating diversity in an investment portfolio is incumbent on the institutional investor, according to a fireside chat held at the New York State Insurance Fund’s 13th Annual MWBE Investment Symposium in New York on Feb. 23.
There is no right way to build a fund. But having personal capital or a strong backer typically helps.
The number of diverse emerging managers are growing in various sectors, however, there are still not enough, according to women founder panelists from a recent webinar.
Large institutional investors have begun the work toward transparency and accountability that will eventually move the needle from a diversity, equity and inclusion perspective.
