Former Blackstone Alternative Asset Management Co-CIOs Gideon Berger and Min Htoo founded LuminArx Capital Management in January, according to a staff report presented to the San Bernardino County (Calif.) Employees’ Retirement Association.
Meketa Investment Group will hold its next emerging and diverse manager research day for public and private markets in October, the firm announced.
The Semper Capital Management team will transition to Medalist Partners as the firms expand their partnership in the structured credit space, the New York-based firms announced.
Private equity and alternative investments remained a significant aspect of the economy despite a challenging fundraising environment in 2022, pointing to the importance of the professionals and talent in charge of how capital is deployed.
A majority of the Employees Retirement System of Rhode Island’s fund managers are white and led and/or owned by men, according to the results of a 2022 diversity, equity and inclusion survey.
As anti-ESG and anti-DEI sentiment grows in the U.S., investors hold onto their convictions making investments in the space and committing to diverse managers, according to panelists at the National Association of Securities Professionals’ annual financial services conference held in Philadelphia on July 24-26.
Trade associations in the diverse manager space discussed the disappointing state of the industry and what can be done to grow those numbers at the National Association of Securities Professionals’ annual financial services conference held in Philadelphia on July 24-26.
The inclusion rate of diverse-owned firms in searches increased to 67% of all searches in 2022 after being stable at approximately half of all searches from 2018 to 2021, according to investment consultant Wilshire.
Investment consultant Meketa Investment Group met with more than 65 public and private markets managers at its latest dedicated emerging and diverse manager research day on April 26.
The universe of minority-owned private equity and venture capital firms continues to grow in the first half of 2023 despite changing and challenging market conditions, according to a recent webinar hosted by private equity fund-of-funds Fairview Capital Partners.
