Search leads and updates from the emerging manager space.
The Marguerite Casey Foundation approved investments with two Black-led strategies as the institution looks to achieve its goal of allocating half of its approximately $850 million portfolio to diverse-owned managers by the end of 2025.
The $1.3 billion City of Kansas City (Mo.) Employees Retirement System will move forward with a full search for emerging managers-of-managers.
The $267.7 billion New York State Common Retirement Fund made an emerging manager commitment in the third quarter
The $160.2 billion State of Wisconsin Investment Board has made a $70 million credit commitment to Altriarch Asset Management.
The $54.9 billion Illinois Municipal Retirement Fund has issued its RFP seeking U.S. residential real estate managers.
The $3.4 billion Houston Municipal Employees Pension System hired an emerging manager consultant this summer.
The $68.2 billion Maryland State Retirement and Pension System is looking to add private markets investments to its $2.4 billion Terra Maria (TM) emerging manager program.
The $3.7 billion Dallas Employees’ Retirement Fund approved a rebalancing within its global equity portfolio that saw a Next Generation manager’s mandate cut in half at its Sept. 9 board meeting.
The $79.9 billion Los Angeles County (Calif.) Employees Retirement Association was notified of a manager termination at its Sept. 11 board of investments meeting.
The $78.9 billion Los Angeles County (Calif.) Employees Retirement Association funded its separate account mandate with New Alpha Asset Management for the global equity emerging manager program in June.
This month, we have our annual feature on military veterans in the asset management industry.
Through its award winning monthly newsletter and resource-centric web site, Emerging Manager Monthly delivers all the industry news and intelligence emerging managers and institutional investors need to stay informed and ahead of the curve on this exciting sector of the asset management industry.