News

News from the Emerging Manager space.

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Corporations Discuss Diverse Manager Sourcing Methods

Two corporate leaders discussed their sourcing methods for diverse managers during a recent webinar hosted by EMM and the Diverse Asset Managers Initiative.

02.07.24
News
Milken Institute Outlines Inclusive Capitalism Strategies

The asset management industry can capture unrealized value and mitigate long-term risks by taking actionable steps on the road to inclusive capitalism, according to a new report from the Milken Institute.

02.07.24
HBCUs Can Benefit From Access To Alts, Risk Management Support To Optimize Returns: Study
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HBCUs Can Benefit From Access To Alts, Risk Management Support To Optimize Returns: Study

The investment returns of historically Black college and university endowments have lagged their non-HBCU peers for the past three years and a new study finds this may be due to HBCUs having smaller allocations to alternatives, less risk tolerance and significantly fewer investment management resources.

02.07.24
Brown Capital Management Promotes Next CIO
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Brown Capital Management Promotes Next CIO

Managing Director and Senior Portfolio Manager Damien Davis has been named cio of Brown Capital Management, the firm an­nounced on Jan. 2.

01.11.24
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Healthcare Corporations Urged To Release Investment Diversity Data

Ten of the largest nonprofit hos­pital corporations in the U.S. have been asked to release investment diversity information by three or­ganizations.

01.11.24
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Women-Owned Alger To Acquire Redwood Investments

Redwood Investments has been acquired by Alger Group Holdings in a deal that will bring together two women-owned firms.

01.11.24
Denali Advisors Acquires McKinley Capital Mgmt.
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Denali Advisors Acquires McKinley Capital Mgmt.

Quantitative-based equity manager De­nali Advisors will acquire a majority stake in systematic global asset manager McKinley Capital Management, according to an announcement.

01.11.24
Diverse-Owned PE Firms See Strong Returns: NAIC
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Diverse-Owned PE Firms See Strong Returns: NAIC

Diverse-owned private equity firms produce significant invest­ment outperformance, however, a new study finds the industry must improve diversity as DEI efforts have experienced recent pushbacks.

01.11.24
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News Briefs

Check out recent news from Radiant Global Advisors, Turning Rock Partners, an Illinois plan and an investment consultant.

12.07.23
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PGIM Adds To DEI Office

PGIM has hired Sancia Dalley as managing director of its office of diversity, equity and inclusion, the Newark, N.J.-based manager announced.

12.07.23