The $911 million Alameda-Contra Costa (Calif.) Transit Employees’ Retirement Plan is conducting a diversity survey among its investment managers, according to March 17 board meeting materials.
Many institutional investors think diversity should be weighed when selecting an investment manager, however, a significant percentage have not yet hired a diverse-owned firm, according to a recent poll from investment consultant FEG Investment Advisors.
NOEMIS Ventures has closed its first fund with $25 million in total commitments.
Black-owned early-stage venture capital firm Wilshire Lane Capital announced the first close of its debut fund with $40 million in commitments.
GCM Grosvenor raised $1.5 billion for diverse manager investment mandates in 2021, the firm announced.
Toni Hackett Antrum’s community and economic development experience over her 30-year career in the public fund investment space led her to launch a private equity racial justice impact fund in the fourth quarter.
Newly launched ESG and sustainability-focused venture capital firm Bay Bridge Ventures is hoping to bridge the gap between social benefit and technology.
Global equity emerging manager Evovest reached its three-year track record on Jan. 31, according to an announcement.
Montreal-based StonePine Asset Management maintains a “slow and steady wins the race” investment outlook.
Like the great aunt from which the firm draws its inspiration for its investment philosophy, majority woman-owned Martin Investment Management is ahead of its time.
This month, we have our annual look at the pipeline for diversity in the asset management space.