Improving diversity in the investment industry has increasingly come to the forefront as efforts, both big and small, help chip away at an iceberg-sized problem.
Elizabeth Browne joined GCM Grosvenor in September 2022 to launch their sponsor solutions platform and co-lead the Elevate strategy. This new role follows her 15 years of direct investment experience at firms like RedBird Capital Partners, Goldman Sachs and DNS Capital, the family office for Gigi Pritzker, Michael Pucker and family.
Diverse-owned investment managers Empiric Institutional and Harper Capital Management will combine under the Empiric Institutional name, creating a firm offering both quantitative and fundamental equity strategies to institutional investors.
Emerging and diverse-owned asset managers are encouraged to implement diversity, equity and inclusion policies early on in their firm’s lifecycle even if they believe many of the issues are embedded in their firm structure, according to Lauren Mathias, senior v.p. of investment consulting firm Callan and the firm’s diversity, equity and belonging champion.
Experience has proven to be the best teacher for Cross Creek as it continues to stick to its knitting – investing in leading venture-backed companies and venture funds despite difficult market cycles and emerging investment trends.
Daraja Capital is looking to bridge the capital access gap through its recently launched seeding platform.
Nearly half of the 50 wealthiest public and private higher education endowments, representing $566 billion in total assets, refused to participate in a continued assessment of the representation of women- and racial or ethnic minority-owned investment firms overseeing their portfolios, new research finds.
