News from the Emerging Manager space.
Insurance company New York Life has announced a $1 billion initiative to invest in “underserved and undercapitalized communities” over the next three years.
Investment consulting firm Meketa Investment Group reported strong participation in its first annual diversity, equity and inclusion (DEI) questionnaire, however, most participating firms still declined to report diversity statistics among their decision-making positions.
The firm informed clients of its decision in mid-February.
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