Investment consulting firm NEPC improved its hiring of diverse talent, elevation of diverse partners and interaction with diverse investment firms in 2020, according to its first annual diversity, equity and inclusion progress report.
The webinar will provide insight and perspective on trends and communication in a post-virtual environment, specifically for the diverse and emerging manager community, according to the firm.
Melanie Mendoza, most recently chief compliance officer at now shuttered Matarin Capital Management, has launched MHM Consulting to assist investment managers with regulatory and internal compliance requirements.
Insurance company New York Life has announced a $1 billion initiative to invest in “underserved and undercapitalized communities” over the next three years.
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.
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