Up-to-date investment manager search leads, industry trends and investor profiles.
Ariel Investments has launched Ariel Alternatives, a private asset management firm dedicated to expanding the minority ownership of firms.
Women-owned private equity manager Prelude Growth Partners has closed its second fund after reaching its hard cap.
Women cios from four top pension plans identified potential areas of opportunity for investment in 2021 at the New York State Common Retirement Fund’s 14th Annual Emerging Manager & MWBE Conference held virtually on Feb. 10.
Xponance has launched an alternatives platform to expand into the private markets.
While the diverse makeup of many historically black colleges and universities’ endowments needs to be further built out, the institutions’ contributions to the pipeline of diverse talent in the investment management industry cannot be overstated, according to those involved with the industry.
COVID-19 Struggles Shouldn’t Distract From Endowment Diversification
The $3.6 billion San Antonio Fire & Police Pension Fund approved an emerging manager search at its Feb. 25 board meeting.
The $193 million Charlottesville Area Community Foundation has begun looking into mandating diverse investment managers within its investment policy statement, according to an Oct. 13 investment update webinar.
The $1.3 billion Shelby County (Tenn.) Retirement System is considering an investment in newly formed local and minority-owned domestic all-cap equity manager Greenwood Pine Asset Management at its March 9 board meeting, according to audio of its Feb. 25 investment committee meeting.
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