News
News from the Emerging Manager space.
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.
Nearly $1 billion was committed to diverse-owned asset managers in 2023 through searches conducted by investment consultant Callan, the firm announced.
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.
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.
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.
Quincy Brown is a managing director of FEG Investment Advisors’ Institutional Services, focused on advisory and client engagement; he has nearly 30 years of industry experience.
The high-yield fixed-income space could use more emerging managers offering strategies, according to a panel of industry investment consultants at the New Jersey Division of Investments’ Emerging Managers Symposium held virtually on June 26.
Investment consultant NEPC saw an increase to both client assets with diverse firms as well as client strategies managed by diverse firms in 2023, according to its fourth annual DEI Progress Report released last month.
The majority of new hires and promotions at public and private markets managers in 2023 continued to be with non-racially diverse people, according to results from Meketa Investment Group’s latest diversity, equity and inclusion questionnaire.
This month we have news from a recent podcast with Moelis Asset Catalyst V.P. Dan Pogue as well as a new emerging manager program to seed asset managers in Japan from Nomura Holdings.
