The $54 billion Illinois Municipal Retirement Fund has named Angela Miller-May as its new cio effective Aug. 16, the plan announced.
Interest in diverse managers remains high, however, actual investments with those firms have declined, according to investment consultant Wilshire’s report outlining the 2020 results of its Diverse Owned Manager Initiative.
Investment consulting firm Crewcial Partners has invested $4.2 billion with diverse asset managers – with 94% of the firm’s clients allocating to at least one diverse firm, according to a soon-to-be released report.
Warren Financial wants to give institutional investors an option.
There is material evidence of a change in how the alternative investment management industry approaches hiring, and a new report finds that managers need to make progress in hiring individuals from diverse backgrounds and make provisions for doing so.
Investment consulting firm Callan has enhanced its commitment to diversity within its research and search processes.
A new bill has been introduced that would require the District of Columbia Retirement Board to hire diverse investment consultants and asset managers to help handle the city’s $10.3 billion pension fund.
Operating with a name that best represents the work that they do, commercial real estate financial services advisory group DOT Capital Advisors recently rebranded while many quarantined in 2020.
1251 Asset Management has purchased a minority stake in Mar Vista Investment Partners.
LM Capital Group’s emerging market debt strategy is helping bring the firm to new places.
This month we have our annual veterans feature in honor of Veterans Day next week.