News
News from the Emerging Manager space.
Commonfund has broadened its definition of diverse managers beyond ownership to also include members of the investment team as well as those receiving a share of the firm’s profits effective July 1.
The diversity of Georgetown University’s approximately $2.5 billion endowment remains static year-over-year despite the addition of five new U.S.-based managers and the elimination of two other firms, according to a new report.
The $22.9 billion Los Angeles City Employees Retirement System has released its inaugural investment manager organization diversity study, according to audio of its Aug. 23 board meeting.
Community foundations are increasingly hiring or considering hiring diverse managers for their portfolios, according to a recent survey.
Investment consultant Prime Buchholz continues to increase the number of diverse managers it recommends to institutional clients.
Dartmouth College has surveyed its approximately $8.5 billion endowment’s investment managers on the diversity characteristics of their organizations as part of its commitment to improving the diversity of the investment management industry, according to its inaugural investment manager diversity report.
Interest in impact investing among U.S. museums is severely lagging compared to their higher education and foundation peers, however, a recent study finds there is room for improvement if more museums can get board and committee members to drive conversations on the impact investment space.
The Investment Diversity Advisory Council is looking to lead with action instead of just talk during its National Summit on DEI to be held on Sept. 14 in Atlanta.
Offering a strategy focused on interest rate volatility and inflation hedging is a good place to be in today’s markets and Quadratic Capital Management was able to capitalize, taking home the spot as the top returning strategy in the second quarter, according to EMM’s first quarter return report.
The university began a diversity survey nearly 2 years ago but won’t release results.
