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Three southern state attorneys general have been asked to investigate “race-based decision-making” by majority white-owned venture capital firms in response to the continued legal battles faced by diversity, equity and inclusion initiatives.
Par for the course with any SEC exam will be a request for the adviser’s policies and procedures that were in place during the examination period.
The $795 million Skoll Foundation has committed to a private equity micro-buyout fund that recently held its first close.
The $267.7 billion New York State Common Retirement Fund made two emerging manager private equity commitments totaling $30.7 million in the second quarter.
The $31.4 billion Los Angeles Fire & Police Pension System is severing ties with an emerging manager
The $4 billion Kresge Foundation has invested in a mission-driven financial institution’s program that will support critical investments in the facilities, financial health and overall growth of historically Black colleges and universities across the country.
The $98.2 billion New Jersey Division of Investment is investing in a private credit emerging manager partnership.
The $3.8 billion Houston Municipal Employees Pension System was scheduled to review its emerging manager consultant search at its July 25 board meeting.
The C$434 ($284) billion Caisse de dépôt et placement du Québec (CDPQ) has invested C$600 ($435.6) million with Fiera Capital as part of its initiative to increase funds to Quebec-based asset managers
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