The banner year for private equity in 2021 conceals significant hurdles for emerging managers to break into the industry, according to panelists.
The most prolific investment opportunities for active managers in the long-only equities space are in international and emerging markets where the inefficiencies lie, according to a panel of industry experts.
Loop Capital has completed the acquisition of fixed-income manager Taplin, Canida & Habacht from BMO Asset Management, the firm announced.
New Century Advisors has hired Christine Song as a portfolio manager and analyst, the firm announced.
Nile Capital Group has completed a minority investment in Welton Investment Partners, the firms announced.
Xponance has formed a partnership to build investment strategies around diversity data, the firm announced.
The $13.1 billion Public School Teachers’ Pension & Retirement Fund of Chicago invested $6.2 billion with minority, women and disadvantaged-owned business enterprise firms in fiscal year 2021, the plan announced.
Applied Research Investments Partner and CIO Mark Lin departed the firm last month, leading several emerging manager programs to evaluate their mandates with the firm.
Prime Buchholz’s DEI data and scoring system has helped it recommend more diverse managers to its institutional clients, however, furtherance remains as 31% of recommended firms were in the lowest scoring DEI cohorts.
Plan Sponsors Establishing Purpose Behind Programs; Measurement Must Move Beyond Activity
This month we have news on a university expressing interest in emerging private equity and venture capital firms.