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
The $68.2 billion Maryland State Retirement and Pension System is looking to add private markets investments to its $2.4 billion Terra Maria (TM) emerging manager program.
This month’s news comes from the New York City Retirement Systems’ Bureau of Asset Management, the $23 billion Los Angeles City Employees’ Retirement System and the $33 billion Los Angeles Fire & Police Pension System and Taurus Private Markets.
By Sam Carralejo, Compliance Manager, SEC Compliance Solutions
