News from the Emerging Manager space.
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.
Pacific Current Group is selling its equity stake in Seizert Capital Partners to the firm’s management team.
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.
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.
Emerging Manager Monthly has launched a new directory of diverse asset managers.
The investment consulting firm has hired a senior investment director for sustainable and impact investing research from a public pension fund.
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
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.
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.
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.
This month we launch our Diverse Manager Directory at diversemanager.com.