News

News from the Emerging Manager space.

News
Civil Rights Law Group Asks Three Attorneys General To Investigate 'White Race Favoritism'

Three southern state attorneys general have been asked to investigate “race-based decision-mak­ing” by majority white-owned venture capital firms in response to the continued legal battles faced by diversity, equity and inclusion initiatives.

09.04.24
News
News Briefs

This month, we have news on a new virtual series for internship insight by Penserra as well as a new hire at MayTech Global Investments.

08.07.24
Diverse Investing Collective Unveils Advisory Board
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Diverse Investing Collective Unveils Advisory Board

The Diverse Investing Collective, a coalition of asset owners and allocators focused on diversity in the management of assets, has announced its advisory board.

08.07.24
Brown Capital Drops U.S. Mid-Cap Strategy; Restructures Team
News
Brown Capital Drops U.S. Mid-Cap Strategy; Restructures Team

Brown Capital Management has closed its domestic mid-cap growth equity strategy as part of a team restructuring, according to a client e-mail obtained by Emerging Manager Monthly.

08.07.24
News
Realigning The VC Fund-Of-Funds Model: The Screendoor Approach

Screendoor is an investment platform designed to support new venture managers raising early-stage institutional funds intent on building enduring asset management firms.

08.07.24
News
DEI Progress Requires Accountability, Less Bias: Report

Lack of accountability and bias are the primary barriers to diversity, equity and inclusion progress in the private equity and venture capital space despite increasing recognition of the financial and moral benefits of DEI, according to one fund-of-funds.

08.07.24
Callan Sees Diverse Manager Allocations Grow, Total Hires Drop
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Callan Sees Diverse Manager Allocations Grow, Total Hires Drop

Nearly $1 billion was committed to di­verse-owned asset managers in 2023 through searches conducted by investment consultant Callan, the firm announced.

08.07.24
Diverse PE, VC Growth Trends Upward Amid Changing Market
News
Diverse PE, VC Growth Trends Upward Amid Changing Market

The universe of woman- and minority-owned firms in the private equity and venture capital space continues to expand despite changing market conditions, according to a recent webinar.

08.07.24
News
CalPERS' Silva Works To Bridge Investment Team To Mgrs.

Miguel Silva knows the importance of com­munication. Both internally and externally, his primary role as an associate investment man­ager at the California Public Employees Retire­ment System is to advocate for emerging and diverse asset managers.

07.03.24
News
Path Traveled: How NJ Is Learning To Invest In Emerging Mgrs.

Shoaib Khan is the director and chief investment officer at the New Jersey Division of Invest­ment, one of the largest pension funds in the U.S., with a net asset value of $100.1 billion as of March 31, 2024.

07.03.24