News
News from the Emerging Manager space.
Foundations continue to increase their investments with diverse-owned firms while peeling back the curtain and providing greater transparency on their portfolios, according to the John S. and James L. Knight Foundation’s Diversity of Asset Managers Research Series: Philanthropy.
In collaboration with IDiF, Emerging Manager Monthly will be donating 10% of proceeds from new manager subscriptions through the month of January to IDiF.
VoLo Earth Ventures, an emerging venture capital firm that invests in early-stage climate tech companies, has closed its inaugural fund above its fundraising target, a spokeswoman confirmed.
Outsourced cio Appomattox Advisory has hired Caroline Lovelace as coo, a spokeswoman confirmed.
A new diversity accelerator program for entry-level asset management jobs has been launched.
The New Jersey Division of Investment is looking for a diversity and inclusion investment officer.
The Los Angeles (Calif.) City Employees Retirement System’s fall emerging manager symposium included 290 first-time attendees as a total of 365 firms participated in the event, the plan said.
Women-led or co-led portfolio management teams have outperformed their male peers in the global large-cap equity space year-to-date, according to a recent report from data analytics firm Investment Metrics.
The MacArthur Foundation has surpassed its goal of investing at least 20% of its approximately $8.2 billion investment portfolio with firms led by managers of color or women, Spokeswoman Kristen Mack said, in an e-mail.
Investment consultant Meketa Investment Group met virtually with more than 70 emerging and diverse investment managers across public and private markets at its latest dedicated research day on Oct. 26.
