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Smithsonian Diverse Manager Pool Sees Slight Growth

The Smithsonian Institution has increased its domestic assets under management invested with minority- and women-owned investment managers within its approximately $2.5 billion en­dowment, according to a new report.

09.04.24
News
Rhode Island 2023 DEI Survey Results Show Few Changes

A majority of the Employees Retirement System of Rhode Island’s par­ticipating fund managers continue to be white and led and/or owned by men, according to the results of its 2023 diversity, equity and inclu­sion survey.

09.04.24
Cal Sees Minimal Increase To Assets Managed By Diverse Firms
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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
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
News
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
Skoll Foundation Commits To Diverse-Owned PE Firm
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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
NY Common Makes PE Hires
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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
Searches
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
Searches
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