Nearly $1 billion was committed to diverse-owned asset managers in 2023 through searches conducted by investment consultant Callan, the firm announced.
While the institutional market is the primary goal for many investment firms as they mature, more managers are expanding their distribution channels to adapt to a shifting landscape that is seeing increased interest among wealth advisors.
Miguel Silva knows the importance of communication. Both internally and externally, his primary role as an associate investment manager at the California Public Employees Retirement System is to advocate for emerging and diverse asset managers.
The current slowdown in the private equity market has left both general partners and limited partners evaluating the best path forward.
Private equity firms should continue to evaluate options that can unlock liquidity for limited partners, according to a private equity panel at the National Association of Securities Professionals 35th annual Financial Services Conference.
The ability to build momentum in a first fundraise is critical to getting allocators to make a decision on investing, according to panelists on the Private Equity: Stories From the Road, Emerging Manager Fundraising in a Volatile Environment breakout session.
The $95.1 billion New Jersey Division of Investment is exploring expanding its emerging manager program into emerging markets and international small-cap equity and high-yield fixed-income, Director and CIO Shoaib Khan told attendees of the plan’s virtual emerging manager symposium held on June 26.
Independence Day is the central holiday of our country. It is the core around how everything else in this nation has been built.
The racial makeup of senior management at investment consulting firms dropped by almost 10%, an “alarming change” in a segment of the market that has an outsized impact on what asset managers are chosen by institutional allocators, the newest report from the Diverse Asset Managers Initiative found.
