News from the Emerging Manager space.
The $70.6 billion Maryland State Retirement & Pension System has hired financial technology firm Lenox Park Solutions to conduct a diversity study for its asset managers.
Emerging and diverse managers can find success even when their path to gathering assets may be riddled with obstacles, according to three female founders of firms partnered with the New York State Common Retirement Fund during its 15th annual Emerging Manager & MWBE Conference held virtually on Feb. 16.
Investment consulting firms are still predominantly led and staffed by white males, an updated survey shows.
Commonfund completed its third annual Diverse Manager Day event on Feb. 10-11 after successfully adding 48 minority- or women-owned managers to its Diverse Manager Database last year.
Stanford Management Company, the investment management arm of Stanford University, will allocate capital to a new program targeting investment in diverse asset managers.
Natixis Investment Managers has named Ron Taylor as an executive v.p. and head of diversity, equity and inclusion in the U.S.
Verus Managing Director and Senior Consultant Margaret Jadallah will retire at the end of 2022 after more than six years at the firm.
Keith Lee was appointed ceo of Brown Capital on Jan. 1, the firm announced.
Meketa Investment Group will hold its next virtual emerging and diverse manager research day for public and private marĀkets in April, the firm announced.
Loop Capital has completed the acquisition of fixed-income manager Taplin, Canida & Habacht from BMO Asset ManageĀment, the firm announced.
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