“I hope my example encourages people to be authentic, but don’t forget to do your job well. I happen to believe, for me, that being authentic allows me to do my job incredibly well,” Ohmer tells EMM.
While growing up in New Haven, newly-elected Connecticut State Treasurer Erick Russell didn’t really see himself reflected in his community or government.
From it’s beginnings 20 years ago as a startup conference run by Renae Griffin to today’s version under GCM Grosvenor, Consortium has brought over 6,500 attendees together to further the emerging and diverse asset manager community.
Diverse Talent, Expansion Efforts Continue In Asset Management Industry
The Milken Institute launched its Historically Black Colleges and Universities Strategic Initiative and Fellowship Program on Feb. 17.
By now, most know that less than 2% of the U.S.-based investment management industry’s $82 trillion in assets is handled by diverse managers. Maybe less know that historically Black college and university endowments make up an even smaller percentage of higher education endowments nationally.
Succession can be a difficult road for many investment management firms and when that succession includes replacing the firm’s co-founder – who is also your father – that responsibility can be overwhelming.
During the peak of the global COVID-19 pandemic, it felt as though events like in-person conferences would never return to normal.
Emerging managers in Canada are increasingly seeking support from the C$400 million Quebec Emerging Manager Program, a fund-of-funds program that granted mandates to five firms within the province this past year.
Many nonprofits have set ambitious goals for allocating more of their portfolios to diverse-owned asset managers in recent years, with many publicizing the efforts and progress as they go along.