News
News from the Emerging Manager space.
The equity team of Smith, Graham & Co. Investment Advisors has found its next home with equity and fixed-income manager Dana Investment Advisors.
Stanford Management Company, the investment management arm of Stanford University, has declined to disclose the results of its Diverse Manager Initiative launched in the first quarter of 2022 to invest in diverse-led investment managers.
The $468.8 billion California Public Employees’ Retirement System is aiming to have $10 billion invested with emerging and diverse managers by 2030, according to a recent presentation.
Diverse-owned managers provide an important solution, but not the only one, as endowments and foundations implement investment strategies or policies that incorporate diversity, equity or inclusion goals into their portfolio management.
The $253.2 billion New York City Retirement Systems will expand their emerging manager programs, City Comptroller Brad Lander announced at the Bureau of Asset Management’s Nov. 16 diverse-owned and emerging manager conference.
This month’s news briefs include updates from the New York State Common Retirement Fund as well as GCM Grosvenor.
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.
