As expected, the first quarter of 2020 was full of largely red numbers, particularly in public equity where only two firms posted positive numbers and just 22 firms in the domestic large-cap and small-cap space outperformed their respective benchmarks, according to the latest EMM quarterly performance rankings.
An endowment is looking to invest one-quarter of its assets in diverse managers.
The National Action Network (NAN) recently sent a letter to five leading higher education institutions asking them to report on the diversity of their collective $117 billion in endowment assets as it looks to tackle the issue of utilization of diverse-owned asset management firms.
Karey Barker of Cross Creek talks to EMM about how COVID-19 has impacted the venture market.
The position will conduct responsibilities related to program management, sourcing, portfolio construction/due diligence/approval and asset management, according to a posting for the position.
EMM Editor Matthew McCue took part in a webinar, How Boutique and Emerging Asset Managers Are Handling the Pandemic and Keeping their Clients Engaged, hosted by Sondhelm Partners last month.
GCM Grosvenor has shifted its Consortium event to a virtual conference.
An Employees Retirement System of Texas portfolio manager discussed the long-term effects of the COVID-19 crisis on the overall markets, the plan’s interests in the immediate term and how the plan is leaning on its existing relationships for potential commitments in a recent interview.
Ben Claremon isn’t going to sugarcoat it. As a value investor, his concentrated small-cap strategy—as was the case for most value funds—did not perform as you would have expected in the first quarter. However, he still believes the market downturn related to the COVID-19 pandemic has created opportunities that many value investors have been waiting for.
Zevenbergen Capital Investments’ performance and consistency has made the firm a comfort to clients both in the long term and in the more immediate, unstable environment of today.
