News

News from the Emerging Manager space.

News
Illinois Pension Hearings Remain Silent Post Pandemic

The Illinois State Senate’s committee on pensions will reach five years since holding its last hearing on investment diversity at the end of 2025.

09.03.25
News
Catherine Avery Investment Management Sells Minority Ownership Stake To Concurrent Asset Management

Concurrent Asset Management has ac­quired a minority stake in boutique as­set manager Catherine Avery Investment Management, according to an announce­ment.

09.03.25
Maintaining A Connection: Callan Diverse & Emerging  Manager Program Stays The Course Despite Pullbacks
News
Maintaining A Connection: Callan Diverse & Emerging Manager Program Stays The Course Despite Pullbacks

Lauren Mathias, senior v.p. and non-U.S. equity asset class lead in Callan’s Global Manager Research group participates in a Q&A.

08.06.25
DOL Calls Citi’s Racial Equity Program Unlawful
News
DOL Calls Citi’s Racial Equity Program Unlawful

The U.S. Department of Labor issued an advisory opinion that rescinded its prior approval of Citi’s Action for Racial Equity Asset Manager Program last month.

08.06.25
News
NEPC Drops Data From Annual Progress Report; To Combine Sustainable & DEI Initiatives

Investment consultant NEPC made changes to its annual Progress Report as it looks to combine its sustainable investing efforts, including ESG strategies and its work with diverse and inclusive managers, under one umbrella, according to its 2024 Progress Report released last week.

08.06.25
News
In The Spotlight: Corbin Capital Talks Litigation Financing

Litigation financing may be a “funky strategy” but can provide allocators with a unique return stream, Partner Cesar Bello of Corbin Capital Partners finds.

08.06.25
AI Interest Vaults Ark To Top Spot In Q2 Rankings
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AI Interest Vaults Ark To Top Spot In Q2 Rankings

ARK Investment Management rode the explosive interest in artificial intelligence to the top spot in the second quarter rankings, according to EMM’s second quarter performance report.

08.06.25
Lessons Learned: CalPERS Touts  Progress In Emerging Mgr. Programs
News
Lessons Learned: CalPERS Touts Progress In Emerging Mgr. Programs

The California Public Employees’ Retirement System will examine how to expand its emerging manager program into other private markets outside of private equity, Associate Investment Manager Miguel Silva told the $564.2 billion plan’s board of administration during its July offsite meeting.

08.06.25
News
Luminate Capital Partners Shines With Concentrated Approach

Luminate Capital Partners has experi­enced significant growth over the past decade by honing an investment approach that taps into the potential of enterprise SaaS companies.

07.02.25
News
Martin Investment Management Managing Director Dies

Mary Ellen Martin Zellerbach, a managing director at Martin Invest­ment Management, died in June, the firm announced.

07.02.25