The Employees Retirement System of Rhode Island is considering launching a private markets emerging manager program and will issue an RFI as it looks to gather further insight into the process.
With U.S. census data revealing that the LGBTQ+ community is the fastest growing minority segment in the U.S. with nearly $1.4 trillion in spending power, it is crucial to have financial advisors focused on a community that is not only expanding but comes with its own set of unique challenges.
Stable Asset Management has entered into a definitive agreement to sell a portfolio of minority, net revenue-share interests in alternative asset managers to Navigator Global Investments for $195 million.
Women-owned and led asset-based lender Tacora Capital Management has launched a new strategy, the Austin, Texas-based firm announced.
Elizabeth “Liz” Yan has been named the first coo of the Association of Asian American Investment Managers.
Marcia Markowitz, managing director at private equity fund-of-funds Muller & Monroe Asset Management, has retired.
LGT Capital Partners has expanded its venture capital platform with the addition of Sapphire Partners’ core fund investing team, the Switzerland-based firm announced.
Private markets solutions platform Thirdpath has announced its public launch following its formation last year.
The universe of woman- and minority-owned private equity and venture capital firms continues to expand, however, data suggests it is “a market in transition” as the number of managers actively raising capital declined by 12% year-over-year, a recent report shows.
Private credit and the perceived “bubble” the asset class may be in has captured headlines of late, but managers in the space continue to stress the soundness of the asset class despite the noise.
