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The $215 million Marlborough (Mass.) Contributory Retirement System has hired Mark Bingle as its new executive director.
Commonfund will host its fifth annual diverse manager day on May 15, the Wilton, Conn.-based firm announced.
First-time funds should not be afraid to tell their story but instead enĀsure that it is perfected, according to industry professionals that work closely with emerging managers.
Two corporate leaders discussed their sourcing methods for diverse managers during a recent webinar hosted by EMM and the Diverse Asset Managers Initiative.
The asset management industry can capture unrealized value and mitigate long-term risks by taking actionable steps on the road to inclusive capitalism, according to a new report from the Milken Institute.
It has now been over a year since CalPERS allocated $1 billion to TPG and GCM Grosvenor to seed diverse managers. While both firms have announced their first commitments out of their respective funds, what they have not announced is any other institution investĀing in their funds.
The investment returns of historically Black college and university endowments have lagged their non-HBCU peers for the past three years and a new study finds this may be due to HBCUs having smaller allocations to alternatives, less risk tolerance and significantly fewer investment management resources.
The $246.3 billion New York State Common Retirement Fund terminated two women-owned investment managers in the fourth quarter.
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