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The Alternative Investment Management Association has published a guide on how hedge fund managers can be an ally to colleagues from minority or underrepresented groups.
A Twitter post from MIT Investment Management Company investment team member Joel Cohen led to an open discussion about the expectations of emerging managers and the need for allocators to identify more effective ways to identify firms.
Channing Capital Management has launched its first publicly traded mutual fund.
The $42.5 billion State of Connecticut Retirement Plans & Trust Funds will host its inaugural emerging manager conference in the fourth quarter, according to live audio of its July 14 board meeting.
Meketa Investment Group will hold its next virtual emerging and diverse manager research day for public and private markets in October, the firm announced.
RockCreek Group recently announced that it has surpassed $900 million invested in Black-owned and managed firms after investing $300 million in Black-owned and managed firms, companies and funds in 2020.
The Securities and Exchange Commission will consider ways to increase diversity and inclusion within the asset management space after recommendations were approved at a July 7 advisory committee meeting.
The $54 billion Illinois Municipal Retirement Fund has named Angela Miller-May as its new cio effective Aug. 16, the plan announced.
Interest in diverse managers remains high, however, actual investments with those firms have declined, according to investment consultant Wilshire’s report outlining the 2020 results of its Diverse Owned Manager Initiative.
