News from the Emerging Manager space.
Interest in diverse managers remains high, however, actual investments with those firms have declined, according to investment consultant Wilshire’s report outlining the 2020 results of its Diverse Owned Manager Initiative.
Investment consulting firm Crewcial Partners has invested $4.2 billion with diverse asset managers – with 94% of the firm’s clients allocating to at least one diverse firm, according to a soon-to-be released report.
Investment consulting firm Callan has enhanced its commitment to diversity within its research and search processes.
A new bill has been introduced that would require the District of Columbia Retirement Board to hire diverse investment consultants and asset managers to help handle the city’s $10.3 billion pension fund.
1251 Asset Management has purchased a minority stake in Mar Vista Investment Partners.
Rodrigo Garcia is leaving his position as deputy state treasurer and cio of the Illinois State Treasurer’s Office.
Emerging Manager Monthly and Emerge Capital Management held a webinar, EMPWR-ing Women Portfolio Managers, on June 9.
The MIT Investment Management Company will hold a webinar focusing on operational, legal and set-up topics for emerging managers.
The $63 billion Maryland State Retirement & Pension System has issued an RFI seeking specialty consulting services.
Insights on Prudential Financial’s move to invest with diverse private equity managers and more.