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News
Cal Sees Minimal Increase To Assets Managed By Diverse Firms

The University of California’s allocation to diverse-owned part­ners across its $22.6 billion endowment and $98.6 billion pen­sion increased again by 3% to $21.7 billion of its actively man­aged assets.

09.04.24
Editor's Note
Editor's Note

For years, we have been asked when we were going to hold an event. We believe we’ve figured it out.

09.04.24
Civil Rights Law Group Asks Three Attorneys General To Investigate 'White Race Favoritism'
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Civil Rights Law Group Asks Three Attorneys General To Investigate 'White Race Favoritism'

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.

09.04.24
Columns
Compliance Column: Policies Are Not Evergreen: Items to Consider For Review in 2024

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.

08.07.24
Searches
Skoll Foundation Commits To Diverse-Owned PE Firm

The $795 million Skoll Foundation has committed to a private equity micro-buyout fund that recently held its first close.

08.07.24
Searches
NY Common Makes PE Hires

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.

08.07.24
LA F&P Axes Int'l Equity Manager
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LA F&P Axes Int'l Equity Manager

The $31.4 billion Los Angeles Fire & Police Pension System is severing ties with an emerging manager

08.07.24
Kresge Invests In HBCU Initiative
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Kresge Invests In HBCU Initiative

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.

08.07.24
Searches
New Jersey Adds Private Credit To Emerging Manager Program

The $98.2 billion New Jersey Division of Investment is investing in a private credit emerging manager partnership.

08.07.24
Searches
Houston Municipal Continues Emerging Mgr. Consultant Search

The $3.8 billion Houston Municipal Employees Pension System was scheduled to review its emerging manager consultant search at its July 25 board meeting.

08.07.24