Search leads and updates from the emerging manager space.
The California Public Employees’ Retirement System announced that it has made a $1 billion commitment “aimed at identifying and supporting the next generation of investor entrepreneurs in the private markets.”
Commonfund is looking to hire more diverse managers for client portfolios as the number of such firms in its portfolio grows,.
The $233.2 billion New York State Common Retirement Fund disclosed emerging manager program commitments totaling $121 million in October.
The $359 million John G. Shedd Aquarium has added a “diversity, equity, accessibility, and inclusion (DEAI) priorities” provision in its new investment policy
The $3 billion Rush University Medical Center made a new $100 million passive equity investment with a diverse investment manager during the third quarter.
The $884.1 million Firemen’s Annuity & Benefit Fund of Chicago has issued an RFP for minority-, women- and disabled-owned private equity managers.
The $11 billion Alameda County (Calif.) Employees’ Retirement Association expanded its emerging investment manager policy to include the private credit and absolute return asset classes.
The approximately $151 billion Pension Benefit Guaranty Corporation will host a virtual conference in anticipation of an upcoming RFP for fixed-income managers.
Ballmer Group announced a $400 million investment with four organizations focused on Black investment managers and businesses.
The $71.1 billion Los Angeles County (Calif.) Employees Retirement Association hired two separate account managers for its global equity emerging manager program.
Our second annual feature looking at the efforts being made to build the pipeline of diverse talent.
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