News
News from the Emerging Manager space.
The National Association of Investment Companies hired Marissa Mahoney as director of partnerships and alliances effective Nov. 15.
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.
Commonfund has increased its allocations to diverse managers in 2021 compared to 2016, according to its inaugural Diversity, Equity And Inclusion Report.
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.
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.
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.
Cambridge Associates has appointed Melinda Wright as global head of diversity, equity and inclusion.
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.
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.
The $22.6 billion Los Angeles City Employees Retirement System hosted its first emerging manager symposium on Oct. 20.
