News
Cambridge Associates Reports Growth In Diverse Mgr. Usage

Cambridge Associates has increased the number of diverse managers in its insti­tutional client portfolios over the last three years as part of its commitment toward diversity, equity and inclusion, according to a new report.

06.05.24
News
Diversity Transparency Remains Disappointing Among Largest Endowments, Knight Foundation Study Shows

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.

05.01.24
Diverse PE Firms Can Unlock Door To Differentiated Deal Flow
Alternatives
Diverse PE Firms Can Unlock Door To Differentiated Deal Flow

Private equity and venture capital firms that have pre­dominantly women or peo­ple of color in ownership can provide another source of diversification and unlock access to differentiated deal flow for their limited part­ners and other investors, ac­cording to new research from Boston Consulting Group and Cambridge Associates.

04.03.24
A Seat At The Table: HBCUs Work To Overcome Limited Internal Resources, Smaller Asset Bases To Grow Toward Sustainability
Features/Profiles
A Seat At The Table: HBCUs Work To Overcome Limited Internal Resources, Smaller Asset Bases To Grow Toward Sustainability

Historically Black colleges and universities have had to operate without the support and resources made available to their peers traditionally, yet they have persisted in fostering their students and communities. The institutions are now facing new and increased pressure to leverage their endowment investments to ensure continued independence and long-term sus­tainability

03.06.24
News
Commonfund Seeks Diverse Manager Day Submissions

Commonfund will host its fifth annual diverse manager day on May 15, the Wilton, Conn.-based firm announced.

02.07.24
News
HBCUs Can Benefit From Access To Alts, Risk Management Support To Optimize Returns: Study

The investment returns of historically Black college and university endowments have lagged their non-HBCU peers for the past three years and a new study finds this may be due to HBCUs having smaller allocations to alternatives, less risk tolerance and significantly fewer investment management resources.

02.07.24
Healthcare Corporations Urged To Release Investment Diversity Data
News
Healthcare Corporations Urged To Release Investment Diversity Data

Ten of the largest nonprofit hos­pital corporations in the U.S. have been asked to release investment diversity information by three or­ganizations.

01.11.24
Stanford Declines To Provide Details On Diverse Manager Initiative
News
Stanford Declines To Provide Details On Diverse Manager Initiative

Stanford Management Company, the investment management arm of Stanford University, has declined to disclose the results of its Diverse Manager Initiative launched in the first quarter of 2022 to invest in diverse-led investment managers.

12.07.23
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
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