News
News from the Emerging Manager space.
Diverse-owned investment managers Empiric Institutional and Harper Capital Management will combine under the Empiric Institutional name, creating a firm offering both quantitative and fundamental equity strategies to institutional investors.
Emerging and diverse-owned asset managers are encouraged to implement diversity, equity and inclusion policies early on in their firm’s lifecycle even if they believe many of the issues are embedded in their firm structure, according to Lauren Mathias, senior v.p. of investment consulting firm Callan and the firm’s diversity, equity and belonging champion.
Nearly half of the 50 wealthiest public and private higher education endowments, representing $566 billion in total assets, refused to participate in a continued assessment of the representation of women- and racial or ethnic minority-owned investment firms overseeing their portfolios, new research finds.
This month we have news of recent reports published by the California State Teachers’ Retirement System as well as Harlem Capital.
The Institute for Diversity and Inclusion in Finance (IDiF) and the Investment Diversity Advisory Council (IDAC) have announced that they are joining forces “to create a more unified approach to financial inclusion.”
New York Life has acquired a minority stake in private equity and venture capital firm Fairview Capital, according to an announcement.
This month we feature news from Boston Common Asset Management, Blueprint Capital Advisors and Ramirez Asset Management.
Stephen Gilmore has been named the new cio of the $493.5 billion California Public Employees’ Retirement System, the plan announced.
The $22.7 billion Los Angeles City Employees’ Retirement System has released its Spring 2024 Emerging Manager Symposium.
Private credit is hot right now and major public pension plans like the Los Angeles City Employees’ Retirement System continue to get into the game with new programs.
