Features/Profiles
The pushback on diversity, equity and inclusion by the federal government, which plans to investigate whether DEI initiatives at several large universities and foundations are illegal, alongside several state governments has left some nonprofit institutions questioning their mission.
The awards highlight top managers across seven total equity and fixed-income categories.
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.
