Firms should be creative, transparent and equitable when navigating the market as an emerging manager, according to a panel led by Danielle Even, principal of real estate investments at GCM Grosvenor, during the New Jersey Division of Investments’ Emerging Managers Symposium held virtually on June 26.
The $88.6 billion Massachusetts Pension Reserves Investment Management Board allocated more than $2.8 billion to diverse managers in 2022, according to its 2022 Future Initiative Annual Report.
V.P. and CIO Patrick Silvestri has departed emerging manager-of-managers Attucks Asset Management.
The Los Angeles (Calif.) City Employees Retirement System’s fall emerging manager symposium included 290 first-time attendees as a total of 365 firms participated in the event, the plan said.
Rodney June, cio of the Los Angeles City Employees’ Retirement System, recently commemorated a milestone – the 10 year anniversary of his return to LACERS as its investment head.
The $22.9 billion Los Angeles City Employees Retirement System has released its inaugural investment manager organization diversity study, according to audio of its Aug. 23 board meeting.
The plan approved allocating an additional $750 million to diverse managers at an investment committee meeting this week.
The $11.3 billion District of Columbia Retirement Board is considering creating a diversity, equity and inclusion committee.
America’s awakening to many of the prejudices and systemic racism that exist in our country is long overdue.
This month, we have our annual feature on military veterans in the asset management industry.