News

Up-to-date investment manager search leads, industry trends and investor profiles.

Features/Profiles
Foundations Lead Diverse Manager Efforts In Nonprofit Space

Many nonprofits have set ambitious goals for allocating more of their portfolios to di­verse-owned asset managers in recent years, with many publicizing the efforts and prog­ress as they go along.

01.11.23
Features/Profiles
Calls For DEI Transparency Begin To Bear Fruit, Acceptance

The past year may prove to be an inflection point for transparency in the investment management space, though changes remain incremental.

01.11.23
Industry Orgs. Must Put Pressure On SEC To Ensure DEI Progress
Features/Profiles
Industry Orgs. Must Put Pressure On SEC To Ensure DEI Progress

Regulators such as the Securities and Exchange Commission have stalled on diversity-related recommendations due to the amount on their plate and lack of pri­oritizing such efforts, though industry experts believe adding pressure will lead to additional change.

01.11.23
Maranon Capital Signs ILPA Initiative
News
Maranon Capital Signs ILPA Initiative

Private credit firm Maranon Capital has become a signatory to the Institutional Limited Partners Association’s Diversity in Action initiative, the firm announced.

01.11.23
News
New Distri­bution Partnership Forms

Technology platform DFD Partners and The Center of Innovation for Diversity, Equity and Inclusion in Finance have formed a distri­bution partnership that will allow three approved asset managers to utilize DFD services at no cost for one year.

01.11.23
News
Investment Management Institute Founder Dies

Russell Mason, founder of the Investment Management Institute, died on Dec. 20 after a lengthy battle with pancreatic cancer, the organization announced.

01.11.23
Spouting Rock Acquires Stewart Asset Management
News
Spouting Rock Acquires Stewart Asset Management

Multi-boutique manager platform Spouting Rock Asset Man­agement has acquired Stewart Asset Management, a spokes­woman confirmed, in an e-mail.

01.11.23
Subcommittee Explores Capital Markets’ Effects On Diverse Investors
News
Subcommittee Explores Capital Markets’ Effects On Diverse Investors

The U.S. Senate Committee on Banking, Housing, and Urban Affairs’ Subcommittee on Securities, Insurance and Investment met on Dec. 13 to hold a hearing on “Examining How Capital Markets Serve Di­verse Entrepreneurs and Investors.”

01.11.23
News
Chicago Teachers Invests Nearly Half Of Assets With Minority Firms

The $11.5 billion Public School Teachers’ Pension & Retirement Fund of Chicago invested $5.5 billion, or 48% of total fund as­sets, with minority-, women- and disadvantaged-owned busi­ness enterprise firms in fiscal year 2022.

01.11.23
News
How Investment Consultants Can Be Better DEI Partners

By Shannon O’Leary, CIO at Saint Paul & Minnesota Foundation

01.11.23