The plan has hired three managers-of-managers to handle a proposed $1 billion across fixed-income, international developed markets and emerging markets equity.
Reps. Emanuel Cleaver (D-Mo.) and Joe Kennedy III (D-Mass.) have released the findings of their inquiry into the use of diverse asset managers by 25 endowments.
A panel of experts on diverse asset managers called on the agency to require data on diversity to be disclosed in order to further efforts on increasing inclusion in the institutional marketplace.
An emerging manager-of-managers firm is closing, multiple sources told EMM.
This month we have news on a new emerging manager program being created and coverage of the SEC Asset Management Advisory Committee meeting.