News

News from the Emerging Manager space.

News
5 Questions With Robert Manilla, V.P. & CIO Of The Kresge Foundation

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.

06.01.22
News
Meketa Reflects On Latest Emerging & Diverse Manager Day

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.

06.01.22
DC Legislation Seeking Diversity Target In Purgatory
News
DC Legislation Seeking Diversity Target In Purgatory

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.

06.01.22
Diversity Highest In Lower-Level Positions At Mgrs.: Meketa
News
Diversity Highest In Lower-Level Positions At Mgrs.: Meketa

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.

06.01.22
News
Connecticut Treasurer Won't Seek Re-Election

Connecticut State Treasurer Shawn Wooden will not seek re-election in the fall, he announced.

05.04.22
News
Black Women In Asset Management Expands To U.S.

Black Women In Asset Management is expanding into the U.S., the nonprofit industry association announced.

05.04.22
Northern Trust President To Launch Diverse-Owned Firm
News
Northern Trust President To Launch Diverse-Owned Firm

Shundrawn Thomas will leave his role as president of Northern Trust Asset Management to co-found a new diverse-owned and led business.

05.04.22
DUMAC Diversity Increasing, Largely Among Asian Firms
News
DUMAC Diversity Increasing, Largely Among Asian Firms

DUMAC, the investment management arm of Duke University, increased the diversity of its $12.6 billion endowment by almost 4% between 2020 and 2021.

05.04.22
News
NEPC Looks Inward, Outward On 2021 DEI Engagement Review

Investment consultant NEPC con­tinues to see improvement in the diversity, equity and inclusion space for its clients as approxi­mately 59% used diverse managers in their portfolios in 2021.

05.04.22
News
Cambridge Associates Reports Progress On Diverse Mgr. Work

Cambridge Associates increased the number of diverse manager relationships in client portfolios as well as the per­centage of assets invested with diverse managers in 2021.

05.04.22