News
News from the Emerging Manager space.
There are currently 25 women and/or minority executives at the top 100 U.S. defined benefit pension plans, versus 38 at the top 100 U.S. nonprofits, up from 23 and 36, respectively, in 2019, according to data compiled by Emerging Manager Monthly.
Jacob Walthour, ceo and co-founder of African American-owned hedge fund-of-funds Blueprint Capital Advisors discusses the recent lawsuit he filed against the New Jersey State Treasury for racial bias.
The State Universities Retirement System of Illinois will host its second annual diverse manager week initiative beginning on Aug. 3.
A new paper looks to help allocators eliminate unconscious bias in their manager research process by focusing on more objective lines of questioning that identify genuine indicators of manager quality.
Disrupting policies and practices in the capital markets to improve access, opportunity and prosperity is vital to empowering Black communities—and it’s a challenge that Erika Seth Davies is looking to take head-on.
Institutions contemplating how to incorporate more diversity into their investment portfolios need to think beyond the efforts as “nice to have” and focus on the diversification benefits an expanded stable of managers can provide, according to Chavon Sutton, director of manager diversity and inclusion and emerging manager strategy for the New York City Comptroller Office’s Bureau of Asset Management.
EMM Editor Matthew McCue took part in June’s 3PM @ 3pm Webinar Series on June 9.
Emerging private equity firm American Pacific Group will donate 5% of its revenue to partner with organizations advancing the cause of antiracism, the firm announced.
NEPC has appointed Partner Samuel Austin to its executive committee, according to an announcement.
Callan will host a diverse and emerging manager webinar focusing on virtual communication later this month.
This month we have news on a university expressing interest in emerging private equity and venture capital firms.