News

News from the Emerging Manager space.

News
Small Asset Managers Trailing Peers In DEI Policies

Emerging and diverse-owned asset man­agers are encouraged to implement di­versity, equity and inclusion policies ear­ly on in their firm’s lifecycle even if they believe many of the issues are embedded in their firm structure, according to Lau­ren Mathias, senior v.p. of investment consulting firm Callan and the firm’s di­versity, equity and belonging champion.

05.01.24
News
Diversity Transparency Remains Disappointing Among Largest Endowments, Knight Foundation Study Shows

Nearly half of the 50 wealthiest public and pri­vate higher education endowments, representing $566 billion in total assets, refused to participate in a continued assessment of the representation of women- and racial or ethnic minority-owned in­vestment firms overseeing their portfolios, new re­search finds.

05.01.24
News Briefs
News
News Briefs

This month we have news of recent reports published by the California State Teachers’ Retirement System as well as Harlem Capital.

05.01.24
Industry Groups IDAC & IDiF Partner To Form IDAC Foundation
News
Industry Groups IDAC & IDiF Partner To Form IDAC Foundation

The Institute for Diversity and Inclusion in Finance (IDiF) and the Investment Di­versity Advisory Council (IDAC) have an­nounced that they are joining forces “to create a more unified approach to finan­cial inclusion.”

05.01.24
News
New York Life Acquires Minority Stake In Fairview Capital

New York Life has acquired a minority stake in private equity and venture capital firm Fairview Capital, according to an an­nouncement.

05.01.24
News
News Briefs

This month we feature news from Boston Common Asset Management, Blueprint Capital Advisors and Ramirez Asset Management.

04.03.24
CalPERS Turns To New Zealand For Next CIO
News
CalPERS Turns To New Zealand For Next CIO

Stephen Gilmore has been named the new cio of the $493.5 billion California Public Employees’ Retirement System, the plan announced.

04.03.24
LACERS Releases Spring 2024 Emerging Manager Symposium
News
LACERS Releases Spring 2024 Emerging Manager Symposium

The $22.7 billion Los Angeles City Employees’ Retirement Sys­tem has released its Spring 2024 Emerging Manager Sympo­sium.

04.03.24
News
Getting Credit: LACERS CIO Talks Private Credit, Emerging Mgrs.

Private credit is hot right now and major public pension plans like the Los Angeles City Em­ployees’ Retirement System continue to get into the game with new programs.

04.03.24
News
Attucks Asset Management President Departs Firm

Attucks Asset Management President Win­ston Blake Jr. has decided to depart the firm, he announced in a LinkedIn post.

04.03.24