Era Ventures has launched a new $88 million fund targeting start-ups that are innovating the global real estate market, Founder and Managing Partner Clelia Warburg Peters confirmed.
The share of diverse managers in Georgetown University’s roster within its approximately $3.3 billion endowment dipped last year following four straight years of growth, according to its latest diversity report.
The Smithsonian Institution has increased its domestic assets under management invested with minority- and women-owned investment managers within its approximately $2.5 billion endowment, according to a new report.
Diverse-owned managers provide an important solution, but not the only one, as endowments and foundations implement investment strategies or policies that incorporate diversity, equity or inclusion goals into their portfolio management.
Prime Buchholz has grown its roster of diverse managers that it recommends to institutional clients.
Investment consultant FEG Investment Advisors disclosed the number of diverse managers and strategies that it recommends to clients during its inaugural Diverse Manager Road Series event held March 8 in Dallas.
Many nonprofits have set ambitious goals for allocating more of their portfolios to diverse-owned asset managers in recent years, with many publicizing the efforts and progress as they go along.
Private equity firms with higher levels of diversity are more likely to receive greater capital from leading institutional investors, according to a new report from McKinsey.
While diversity, equity and inclusion investments garner attention from the broader industry, U.S. venture capital firms have dedicated less than 2% of their assets to DEI investments, a new study finds.
The MacArthur Foundation has surpassed its goal of investing at least 20% of its approximately $8.2 billion investment portfolio with firms led by managers of color or women, Spokeswoman Kristen Mack said, in an e-mail.
This month, we have our annual feature on military veterans in the asset management industry.