Assets under management by diverse-owned long-only equity managers increased by $27.3 billion in the third quarter, new data from FIN Searches shows.
By Sam Carralejo, Compliance Manager, SEC Compliance Solutions
By Stephanie Henwood-Darts, COO & Managing Partner, Phoenix Fund Services
The Marguerite Casey Foundation approved investments with two Black-led strategies as the institution looks to achieve its goal of allocating half of its approximately $850 million portfolio to diverse-owned managers by the end of 2025.
The $1.3 billion City of Kansas City (Mo.) Employees Retirement System will move forward with a full search for emerging managers-of-managers.
The $267.7 billion New York State Common Retirement Fund made an emerging manager commitment in the third quarter
The $160.2 billion State of Wisconsin Investment Board has made a $70 million credit commitment to Altriarch Asset Management.
The $54.9 billion Illinois Municipal Retirement Fund has issued its RFP seeking U.S. residential real estate managers.
The $3.4 billion Houston Municipal Employees Pension System hired an emerging manager consultant this summer.
Investment consultant and outsourced cio Verus has hired Michael Hughes as managing director of portfolio management
This month, we have our annual feature on military veterans in the asset management industry.