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Asian American & Pacific Islanders Underrepresented: AAAIM Study

Investment management firms owned by Asian American and Pacific Islanders manage less than 1% of U.S. assets, according to a new study from the Association of Asian American Investment Managers and Bella Private Markets.

12.02.20
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Seizert Capital Partners Becomes Completely Employee-Owned

Pacific Current Group is selling its equity stake in Seizert Capital Partners to the firm’s management team.

12.02.20
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Calif. Prop 16 A Disappointing Loss For Diversity & Inclusion Efforts

California’s Proposition 16 called for an end to the state’s ban on affirmative action and was rejected by voters in the Nov. 3 election. Its failure means no impactful changes on the horizon for state emerging manager programs as well as the broader financial services industry.

12.02.20
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Final SEC Panel On D&I Discusses Transparency

The Securities and Exchange Commission should consider transparency as the first step to improving diversity and inclusion in the asset management space, a panel of experts said during a Dec. 1 committee meeting.

12.02.20
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Diverse Manager Directory Launches

Emerging Manager Monthly has launched a new directory of diverse asset managers.

12.02.20
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Joyce Foundation Seeks Diverse Investment Mgrs.
A Chicago-based foundation has launched a diverse investment manager initiative. The Joyce
12.02.20
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AJL Foundation Adds Diverse Manager Policy
The approximately $17 million AJL Foundation added a diverse manager policy to its formal
12.02.20
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Cambridge Associates Hires Senior Investment Director

The investment consulting firm has hired a senior investment director for sustainable and impact investing research from a public pension fund.

12.02.20
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Two Foundations Partner To Improve Diversity & Transparency

Two foundations have partnered with Lenox Park Solutions to survey and assess the racial and gender diversity makeup of the U.S. asset management firms that invest their combined $10.8 billion in investments

12.02.20
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Texas Permanent Reviewing Emerging Manager Proposals
The $34 billion Texas Permanent School Fund is reviewing responses to its RFP seeking investment
12.02.20