Multiple public pension plans have come together to launch “Emerging Managers Week” in New York next month.
Our issue last January had the headline “The Lost Decade.” The idea for the theme came out of the lack of growth among long-only emerging manager programs within the public defined benefit plan space in the 10 years we had been tracking the data.
Emerging Manager Program Assets Remain Flat But Several Plans Have Expansion In The Works
Equity long/short strategies and fixed-income/credit hedge funds have seen a significant uptick in interest from investors, according to new research from the Alternative Investment Management Association and Marex Prime Services.
Impact fund-of-funds Illumen Capital has raised a fund aimed to support first-time fund managers and entrepreneurs with a focus on those from underrepresented backgrounds.
A “reverse fund-of-funds” bringing together more than 40 Latino venture capital firms has been launched to provide institutional investors with access to firms that often fall below direct investment thresholds.
The California Public Employees’ Retirement System continued its efforts to increase the use of emerging and diverse asset managers within its portfolio with more than $8 billion committed to managers in the last fiscal year, the plan reported.
Private equity firm Demopolis Equity Partners has received a strategic minority investment from TPG.
January is for resolutions, December is for reflecting. This time of year, I like to look back on what went right, what went wrong, what challenges we conquered and what obstacles we were not able to overcome.
