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Diverse emerging managers that identify as Black, Indigenous and people of color can get the support they need through a fellowship accepting applications for its 2023 program cohort that assists first-time private equity and venture capital funds.
Things are moving forward for QSV Equity Investors, which recently eclipsed the $100 million mark in assets under management.
The New York State Common Retirement Fund is searching for a senior investment officer for its emerging manager program.
The Marguerite Casey Foundation is looking to add new diverse managers to its approximately $8.25 million portfolio.
The $22 billion State Universities Retirement System of Illinois has announced the launch of its online diverse manager portal.
What started out as two endowments tracking women and minority investment managers in an Excel spreadsheet has transformed into a consortium of more than 600 asset owners coming together and partnering with a fintech platform to increase investments with hundreds of diverse managers.
The Board of Pensions of the Presbyterian Church is exploring creating an emerging manager program.
The Smithsonian Institution is in the process of gathering diversity statistics from its external investment managers within its $2.3 billion endowment and will publicly release the data in the future.
The $446.1 billion California Public Employees’ Retirement System has eliminated its global equity emerging manager allocation with Legato Capital Management
Close to 60% of new hires and promotions at public and private markets managers were with non-racially diverse people in 2022, results from Meketa Investment Group’s recently released diversity, equity and inclusion questionnaire show.
