Search leads and updates from the emerging manager space.
The $370 million Chicago Park Employees’ Annuity & Benefit Fund made a pair of manager hires in its MWDBE fixed-income manager searches in September.
The $246.3 billion New York State Common Retirement Fund made a new emerging manager commitment in September.
The Marguerite Casey Foundation has added several diverse-owned managers to its approximately $825 million portfolio since making a commitment to invest with a racial equity lens earlier this year.
The C$424 ($306.5) billion Caisse de Dépôt et Placement du Québec intends to more than double the size of its assets with Québec external managers.
The $1.1 billion City of Kansas City (Mo.) Employees Retirement System agreed to shift its emerging manager program to a U.S. small-cap equity mandate from a U.S. all-cap equity mandate.
The Robert R. McCormick Foundation has committed an undisclosed amount to a fund-of-funds strategy from Accolade Partners targeting diverse-owned venture and growth equity managers.
The $12 billion Public School Teachers’ Pension & Retirement Fund of Chicago approved launching an RFP for minority-, women- and disabled-owned private credit managers.
The California State Teachers’ Retirement System’s move of its New and Next Generation private equity funds to Sapphire Partners was due to Invesco’s decision to no longer manage the portfolio
The $1.1 billion City of Kansas City (Mo.) Employees Retirement System has “not made any formal decisions to date” regarding potentially shifting its emerging manager program to a U.S. small-cap mandate from a U.S. all-cap mandate.
Northern Trust Asset management is closing its multi-manager fund focused on diversity.
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