News

News from the Emerging Manager space.

News
Granahan Receives Minority Investment

Granahan Investment Management has received a minori­ty investment from Kudu Investment Management, the firms announced.

12.01.21
News
NAIC Hires Partnerships Director

The National Association of Investment Companies hired Ma­rissa Mahoney as director of partnerships and alliances effec­tive Nov. 15.

12.01.21
Endowments Eyeing Diverse-Owned Mgrs., ESG & Impact: Survey
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Endowments Eyeing Diverse-Owned Mgrs., ESG & Impact: Survey

Many endowments plan to increase their allocations to diverse-owned managers and make ESG and impact investing a priority next year as they share an “over­all tenor of optimism” heading into 2022 in the wake of double digit 2021 returns, according to a new survey.

12.01.21
Commonfund DEI Report Shows Progress, Work Remaining
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Commonfund DEI Report Shows Progress, Work Remaining

Commonfund has increased its allocations to diverse managers in 2021 compared to 2016, according to its inaugural Diversity, Equity And Inclusion Report.

12.01.21
News
Prominent Endowments Urged To Report Manager Diversity

The National Action Network recently sent letters to two higher edu­cation institutions asking them to report and breakout granular data on the diversity of their collective $40 billion in endowment assets as it looks to tackle the issue of utilization of diverse-owned asset manage­ment firms.

12.01.21
News
Raymond James Advisor Program Introduces Opportunity For Veterans

Financial services firm Raymond James recently partnered with Norwich University to introduce a new opportunity for veter­ans through its Advisory Mastery Program, the firm’s training program for new financial advisors.

11.03.21
NY State Teachers To Host MWBE Conference
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NY State Teachers To Host MWBE Conference

The $145.9 billion New York State Teachers Retirement System will host its 12th annual minority- and women-owned business enterprises (MWBE) conference in February.

11.03.21
Cambridge Associates Hires DEI Head
People
Cambridge Associates Hires DEI Head

Cambridge Associates has appointed Melinda Wright as global head of diversity, equity and inclusion.

11.03.21
News
Meketa Continues Virtual Emerging & Diverse Mgr. Research Days

Meketa Investment Group met with 52 emerging and diverse investment managers across public and private markets at its latest dedicated research day held on Oct. 7.

11.03.21
News
Investors Expand Approach To Promoting Diversity: Cerulli Report

Foundations and endowments are broadening their approach to promoting diversity and inclusion beyond hiring diverse-owned asset managers, according to a new report from Cerulli Associates.

11.03.21