News
Up-to-date investment manager search leads, industry trends and investor profiles.
By now, most know that less than 2% of the U.S.-based investment management industry’s $82 trillion in assets is handled by diverse managers. Maybe less know that historically Black college and university endowments make up an even smaller percentage of higher education endowments nationally.
FEG Investment Advisors has announced leadership transition plans as President and CEO Becky Wood prepares to retire at the end of the year after more than 30 years of service.
Outsourced cio Global Endowment Management has appointed Stephanie Lynch as its next managing partner to lead the firm effective July 1.
Strategic Investment Group has appointed Managing Director and Global Head of Client Development Nikki Kraus as president and chief client officer.
Finalists were selected in the following categories: U.S. small-cap equity, large-cap equity and smid-cap/mid-cap equity, international equity, international small-cap equity, emerging markets equity and U.S. core fixed-income. Winners will be announced in the April 5 issue of Emerging Manager Monthly.
The $85.4 billion New Jersey Division of Investment expects to expand its emerging manager program into a second asset class and hold a conference focused on the space in 2023.
The $71.2 billion Los Angeles County (Calif.) Employees Retirement Association has issued its real assets emerging manager program RFP.
The $233.2 billion New York State Common Retirement Fund disclosed emerging manager commitments totaling $35.2 million in December
The $6 billion Boston City Retirement System committed a total of $40 million to three diverse private equity funds-of-funds.
The $302.1 billion California State Teachers’ Retirement System has promoted Geraldine Jimenez to senior investment director of public markets and Mike DiRe to senior investment director of private markets.
This month, we take our annual look at historically Black colleges and universities.