News
News from the Emerging Manager space.
Few limited partners were starting emerging manager programs after the Global Financial Crisis, but two industry allies got on the same page and partnered to invest in an opportunity-rich segment in the growing private equity market.
Diverse investment manager representation within Georgetown University’s approximately $3.3 billion endowment ticked up in 2023 but remains relatively static year-over-year despite the addition of five new U.S.-based managers and the elimination of two other firms, according to a new report.
The Smithsonian Institution has released its Diversity, Equity and Inclusion Report, disclosing that it has nearly 40% of its domestic assets under management invested with minority- and women-owned investment managers.
MonaLisa Como has been named the new executive director of the Institute for Diversity & Inclusion in Finance (IDiF).
A majority of the Employees Retirement System of Rhode Island’s fund managers are white and led and/or owned by men, according to the results of a 2022 diversity, equity and inclusion survey.
New Partnership Aims To Commit $100 Million Annually
The Church Pension Group has named Michael Hood as executive v.p., cio and managing director to lead its investment management function.
This month’s news briefs include updates from Palisade Capital Management, Brown Capital Management and a new mutual fund launch.
The $248.5 billion New York State Common Retirement Fund’s minority- and women-owned asset exposure increased by 2% year-over-year for the period ending March 31, according to its annual MWBE Strategy Report.
The approximately $25 billion Massachusetts Institute of Technology Investment Management Company has been named as having the “Best Emerging Manager Program” based on a survey of global fintech platform Clade’s institutional clients.
