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Sylvester McClearn has been named the interim director of the emerging manager program for the New York State Common Retirement Fund, the plan announced as EMM went to press last month.
The Investment Diversity Exchange will host a regional event in Austin, Texas on May 11.
The first webinar in a new series focusing on diversity in asset management led by the Diverse Asset Managers Initiative and Emerging Manager Monthly was held on Feb. 15.
Jason Howard, co-head of the private equity diverse manager effort at GCM Grosvenor, has left the firm.
Social justice funds addressing diversity, equity and inclusion are gaining traction with a growing base of institutional investors, leading asset managers to develop and offer solutions that invest in companies and communities that support people of diverse backgrounds.
Emerging manager-of-managers professionals shared occurrences that gave them immediate pause when vetting a manager during The Navigating the Challenges of the Due Diligence Process panel.
Intentionality in incorporating diversity in an investment portfolio is incumbent on the institutional investor, according to a fireside chat held at the New York State Insurance Fund’s 13th Annual MWBE Investment Symposium in New York on Feb. 23.
There is no right way to build a fund. But having personal capital or a strong backer typically helps.
The number of diverse emerging managers are growing in various sectors, however, there are still not enough, according to women founder panelists from a recent webinar.
Large institutional investors have begun the work toward transparency and accountability that will eventually move the needle from a diversity, equity and inclusion perspective.
