News from the Emerging Manager space.
New York City Comptroller Brad Lander has asked for an internal review after former CIO Alex Doñé joined a private equity firm that the city’s five pension funds have a relationship with.
An interview with Gerald Alain P. Chen-Young, Principal of GCY Associates LLC & Board Trustee of National Public Pension Funds Association
The $204 billion Teacher Retirement System of Texas has hired Lenox Park Associates to provide measurement and tracking services related to its diversity, equity and inclusion initiative, Deputy Director Andrew Roth said.
The Investments & Wealth Institute has launched the Investments & Wealth Foundation to grow and support a more diverse workforce, the organization announced.
Robert Manilla has served as v.p. and cio at the Kresge Foundation for the past 17 years, developing and implementing its investment strategy and managing its endowment, which has grown to $4.5 billion, while helping create its investment office.
Investment consultant Meketa Investment Group met with 67 emerging and diverse investment managers across public and private markets at its latest dedicated research day held on April 13.
A bill introduced last year that would require the District of Columbia Retirement Board to hire diverse investment consultants and asset managers has not progressed in city council.
Lower-level positions at asset management firms are the most diverse by both racial and gender measures, while equity ownership and senior management positions were the least diverse, results from Meketa Investment Group’s diversity, equity and inclusion questionnaire show.
Connecticut State Treasurer Shawn Wooden will not seek re-election in the fall, he announced.
Black Women In Asset Management is expanding into the U.S., the nonprofit industry association announced.
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