Many endowments plan to increase their allocations to diverse-owned managers and make ESG and impact investing a priority next year as they share an “overall tenor of optimism” heading into 2022 in the wake of double digit 2021 returns, according to a new survey.
Commonfund has increased its allocations to diverse managers in 2021 compared to 2016, according to its inaugural Diversity, Equity And Inclusion Report.
The National Action Network recently sent letters to two higher education institutions asking them to report and breakout granular data on the diversity of their collective $40 billion in endowment assets as it looks to tackle the issue of utilization of diverse-owned asset management firms.
The hedge fund space is either seemingly ready for its return to prominence within institutional portfolios or continues to be nudged aside as investors focus on illiquid assets – it just depends on what day you ask.
Financial services firm Raymond James recently partnered with Norwich University to introduce a new opportunity for veterans through its Advisory Mastery Program, the firm’s training program for new financial advisors.
Early-stage venture capital firm 550 Capital Partners has launched to invest in startup companies led by military veterans.
While the concept of supporting veterans is nothing new, its pervasiveness within the institutional investment space and the recognition of veteran-owned firms within the emerging manager community remains to be seen.
Several women GPs in the private equity and venture capital space discussed the importance of their mentor relationships and advice when raising capital during Fairview Capital Partners’ Fearless Investors virtual event held on Oct. 13.
Different types of biases and a tendency for LPs to allocate to larger managers are just some of the barriers keeping women GPs from accessing capital, according to a panel of women LPs at Fairview Capital Partners’ Fearless Investors virtual event held on Oct. 13.
Almost two dozen U.S. senators have signed a letter supporting the approval of diversity, equity and inclusion recommendations submitted to the Securities and Exchange Commission.
