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.
The past year may prove to be an inflection point for transparency in the investment management space, though changes remain incremental.
Regulators such as the Securities and Exchange Commission have stalled on diversity-related recommendations due to the amount on their plate and lack of prioritizing such efforts, though industry experts believe adding pressure will lead to additional change.
Public Market Activity Remains Low As Private Markets Allocations Grow
Eddie Ramos recently joined Macquarie Group’s Optimum Trust Fund as a global investment officer and independent director. Prior to that, he spent roughly two years with the $92.3 billion New Jersey Division of Investment, helping to launch the institution’s emerging manager program this year after joining in 2020 as its first diversity portfolio manager.
548 Capital is using the knowledge gained from its inaugural fund launch in 2016 to position itself for further growth.
For RadiantESG, incorporating environmental, social and governance factors into its investment process is part of the firm’s DNA.
Julie Cane, a former U.S. Naval Aviator, credits the democracy running through her veins for her very existence.
Veterans Leverage Military Experience In Assessing Impacts Of War On Markets
New York City Retirement Systems newest report details investments with diverse and emerging managers.
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