News
News from the Emerging Manager space.
News briefs for this month include a recent departure from an international equity manager and a new book providing guidance for board members.
Despite growing up in an “ecosystem of finance,” the investment industry was always a backup plan for DeAnna Ingram Jones.
Amy Flikerski, managing director and head of external portfolio management at Canada Pension Plan Investments, recently discussed the C$675.1 ($480) billion plan’s emerging manager program on a podcast.
The California Public Employees’ Retirement System continued its efforts to increase the use of emerging and diverse asset managers within its portfolio with more than $8 billion committed to managers in the last fiscal year, the plan reported.
Recast Capital has announced that 25 venture capital funds will join the second cohort of its program aimed at helping women and nonbinary-led early stage funds run institutional quality funds.
New Century Advisors added two new members to its team during the third quarter.
Carlos Chujoy has joined emerging manager-of-managers Leading Edge Investment Advisors as a senior v.p., President and CEO Clayton Jue confirmed, in an e-mail.
Merger and acquisition activity within the wealth management space continued to accelerate in October as two institutional firms were snapped up.
Domestic small-cap value equity manager Private Capital Management had the top returns in the third quarter, according to EMM’s quarterly performance report.
New York City Retirement Systems newest report details investments with diverse and emerging managers.