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News from the Emerging Manager space.

News
Asian American & Pacific Islanders Underrepresented: AAAIM Study

Investment management firms owned by Asian American and Pacific Islanders manage less than 1% of U.S. assets, according to a new study from the Association of Asian American Investment Managers and Bella Private Markets.

12.02.20
News
Seizert Capital Partners Becomes Completely Employee-Owned

Pacific Current Group is selling its equity stake in Seizert Capital Partners to the firm’s management team.

12.02.20
Calif. Prop 16 A Disappointing Loss For Diversity & Inclusion Efforts
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Calif. Prop 16 A Disappointing Loss For Diversity & Inclusion Efforts

California’s Proposition 16 called for an end to the state’s ban on affirmative action and was rejected by voters in the Nov. 3 election. Its failure means no impactful changes on the horizon for state emerging manager programs as well as the broader financial services industry.

12.02.20
Final SEC Panel On D&I Discusses Transparency
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Final SEC Panel On D&I Discusses Transparency

The Securities and Exchange Commission should consider transparency as the first step to improving diversity and inclusion in the asset management space, a panel of experts said during a Dec. 1 committee meeting.

12.02.20
News
Diverse Manager Directory Launches

Emerging Manager Monthly has launched a new directory of diverse asset managers.

12.02.20
News
Cambridge Associates Hires Senior Investment Director

The investment consulting firm has hired a senior investment director for sustainable and impact investing research from a public pension fund.

12.02.20
Two Foundations Partner To Improve Diversity & Transparency
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Two Foundations Partner To Improve Diversity & Transparency

Two foundations have partnered with Lenox Park Solutions to survey and assess the racial and gender diversity makeup of the U.S. asset management firms that invest their combined $10.8 billion in investments

12.02.20
Patriot Investment Partners Fired Up For PE Opportunities
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Patriot Investment Partners Fired Up For PE Opportunities

Ryan Brown, founder and managing partner of private equity firm Patriot Investment Partners, applies his time as a firefighter in the U.S. Air Force as he looks for opportunities.

11.04.20
News
Vets Leverage Experience, Attributes To Handle Pandemic

It was difficult for anyone to prepare for the COVID-19 pandemic that has put a damper on a majority of 2020, yet veterans — trained to prepare for anything — were able to use their service and training experience to weather the storm.

11.04.20
News
University of Chicago, Emory & Vanderbilt Diversity Responses Obtained

Recently obtained university responses detailing the diversity of their endowments to an inquiry from two congressmen in the third quarter show they have built a strong baseline of investing in women- and minority-owned investment managers.

11.04.20