Diverse-owned investment firms manage 1.4% of total U.S. assets under management, according to the John S. and James L. Knight Foundation, nearly identical to the figure from the organizations’ previous 2019 study.
Foundation boards are struggling to promote diversity among their members, according to a recent survey from Commonfund Institute and the Council on Foundations.
Venture capital funding in female-founded companies hit record highs this year after the COVID-19 pandemic hindered growth within the space, according to a recent report from PitchBook.
The Institutional Limited Partners Association released updated versions of its Due Diligence Questionnaire and Diversity Metrics Template last month.
SDS Capital Group is building a new outlook on poverty and affordable housing in California.
Ensemble Capital is not a technology-focused manager, but the firm’s embrace of technology has helped it excel, particularly since COVID-19 forced the entire world into even greater technological dependence to function.
The five-member U.S. value equity team from LMCG Investments has been spun out of the firm to create Leeward Investments, according to a client letter.
Callan will hold its next Callan Connects event for diverse and emerging managers on Dec. 9.
Granahan Investment Management has received a minority investment from Kudu Investment Management, the firms announced.
The National Association of Investment Companies hired Marissa Mahoney as director of partnerships and alliances effective Nov. 15.
