News
News from the Emerging Manager space.
Miguel Thames has been named the new president and ceo of the National Association of Securities Professionals.
Q&A: Preserver Partners CIO Discusses Client Engagement, Diversity
The alliance will enable alternatives investment manager Preserver to leverage the substantial resources of Channing Alternatives, a newly formed affiliate of Channing Capital Management.
The diversity of the approximately $11.6 billion endowment at DUMAC, the investment management arm of Duke University, remains static year-over-year at 42.4% of the portfolio.
Since beginning its diversity, equity and inclusion efforts in earnest nearly a decade ago, Commonfund has made significant progress in having increased diverse manager hires in client portfolios to 45 firms from 10, while also having improved diversity representation in its workforce.
Despite outperformance of industry peers, a new study finds that Asian American and Pacific Islanders are significantly underrepresented at the ownership level and in U.S. assets under management.
This month’s news briefs include updates from the Private Equity Women Investor Network, TPG Next and Altriarch Asset Management.
Nicole Musicco departed her role as cio of the $463.1 billion California Public Employees’ Retirement System on Sept. 29, the plan announced.
Managers looking for tangible allocator efforts on evaluating and hiring diverse-owned firms heard from a panel on their successes and how they were achieved during the Investment Diversity Advisory Council’s annual summit.
The University of California’s allocation to diverse-owned partners across its $18 billion endowment and $80 billion pension increased by approximately 10% to $21.4 billion of its actively managed assets, according to its 2022 Diversified Returns report.
