Investment consulting firm Meketa Investment Group reported strong participation in its first annual diversity, equity and inclusion (DEI) questionnaire, however, most participating firms still declined to report diversity statistics among their decision-making positions.
Firm Hits $2 Billion Goal Ahead Of Schedule
The firm informed clients of its decision in mid-February.
Emerging and diverse manager products are an underutilized source of alpha, according to investment consultant Verus, which intends to cast a wider net at an upcoming emerging and diverse manager event to include more firms and products in the pipeline to drive results in client portfolios.
Meketa Investment Group will host its next virtual emerging and diverse manager research day for public and private markets next month, the firm announced.
Promoting awareness and building initiatives around diversity, equity and inclusion in the workplace is vital to leveling the playing field for diverse firms, according to panelists from the New York State Insurance Fund’s 11th annual MWBE investment symposium held virtually on Feb. 24.
On the heels of expanding its Diverse Manager Database to include private market strategies, Commonfund held its second Diverse Manager Day on Jan. 21 to learn from minority- and women-owned managers recently added to its database.
Women cios from four top pension plans identified potential areas of opportunity for investment in 2021 at the New York State Common Retirement Fund’s 14th Annual Emerging Manager & MWBE Conference held virtually on Feb. 10.
Xponance has launched an alternatives platform to expand into the private markets.
