Market conditions and external factors have forced the emerging manager-of-managers universe to evolve and broaden its outreach as the public pension fund space has proven to be a difficult ground for long-only firms to gain traction in recent years as the number of programs remained static from last year at 30.
While EMM has long since covered the public markets emerging manager program space, it has become apparent that the private markets space offers just as much opportunity for outperformance.
Long-term performance within emerging manager programs is showing positive signs, according to 2024 data compiled by Emerging Manager Monthly.
Emerging Manager Program Assets Remain Flat But Several Plans Have Expansion In The Works
Many investment firms and organizations are celebrating Hispanic Heritage Month, which runs from mid-September through mid-October, while a few take the initiative to celebrate every day through events, giving back and more as an homage to their Latino/Latina roots.
Lorenzo Newsome Jr. has developed a lot of skills that he believes will help him excel in his first role on the allocator side of the table.
Hispanic investors are continuing to work to stand out in an institutional market that has seen private markets fundraising slow while allocators continue to cater to existing relationships with established funds.
A majority of women and minorities who seek the cio role at the largest public pensions and nonprofits in the country have been hired from outside of the organization in recent years and industry professionals find getting fresh viewpoints from a new leader can benefit the investor.
Nonprofit organization LGBT+ VC is using its fundamental belief that all LGBTQ people can become investors to bridge the LGBTQ investment and wealth gap.
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