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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.
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.
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.
For years, we have been asked when we were going to hold an event. We believe we’ve figured it out.
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.
This month we look at multiple diversity reports from institutional investors including Georgetown University, the Smithsonian Institution and University of California. Also, we have Q&A’s with Stable Asset Management’s Erik Serrano Berntsen and Barings’ Mina Pacheco Nazemi.
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