News

News from the Emerging Manager space.

News
Commonfund Shows Progress In Clients’ Diverse Manager Hires

Since beginning its diversity, equity and inclusion efforts in earnest nearly a de­cade ago, Commonfund has made sig­nificant progress in having increased diverse manager hires in client portfoli­os to 45 firms from 10, while also having improved diversity representation in its workforce.

11.01.23
News
AAPIs Underrepresented In U.S. Assets Under Management: Study

Despite outperformance of industry peers, a new study finds that Asian American and Pacific Islanders are significantly underrepresented at the ownership level and in U.S. assets under management.

11.01.23
News Brief
News
News Brief

This month’s news briefs include updates from the Private Equity Women Investor Network, TPG Next and Altriarch Asset Management.

10.04.23
CalPERS CIO Nicole Musicco Departs As Revolving Door Continues For Largest Public DB
News
CalPERS CIO Nicole Musicco Departs As Revolving Door Continues For Largest Public DB

Nicole Musicco departed her role as cio of the $463.1 billion Cali­fornia Public Employees’ Retirement System on Sept. 29, the plan announced.

10.04.23
Conference Coverage
Allocators Evolve Emerging Mgr. Programs Through Experience

Managers looking for tangible allocator efforts on evaluating and hiring diverse-owned firms heard from a panel on their successes and how they were achieved during the Investment Diversity Advisory Council’s annual summit.

10.04.23
News
Cal Increases Assets Managed By Diverse-Owned Firms By 10%

The University of California’s allocation to diverse-owned partners across its $18 billion endowment and $80 billion pen­sion increased by approximately 10% to $21.4 billion of its actively managed as­sets, according to its 2022 Diversified Returns report.

10.04.23
CAPTRUST Lays Out First Steps For Nonprofits To Improve Diversity
News
CAPTRUST Lays Out First Steps For Nonprofits To Improve Diversity

The nonprofit sector is the third largest employer in the U.S. and is looking to cul­tivate more inclusivity amongst its ranks at a time when more than two thirds of pub­lic and private foundations, 68%, consider diversity, equity and inclusion a priority for their organizations, according to CAP­TRUST Financial Advisors.

10.04.23
News Briefs
News
News Briefs

Featuring recent news from the Mother Cabrini Health Foundation, Ariel Investments and Ativo Capital Management.

09.13.23
News
Meketa Announces Next Emerging Mgr. Research Day

Meketa Investment Group will hold its next emerging and diverse manager research day for public and private markets in October, the firm announced.

09.13.23
News
Medalist Partners, Semper Capital Mgmt. Broaden Partnership

The Semper Capital Management team will transition to Medalist Partners as the firms expand their partnership in the structured credit space, the New York-based firms announced.

09.13.23