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The Los Angeles (Calif.) City Employees Retirement System’s fall emerging manager symposium included 290 first-time attendees as a total of 365 firms participated in the event, the plan said.
Eddie Ramos recently joined Macquarie Group’s Optimum Trust Fund as a global investment officer and independent director. Prior to that, he spent roughly two years with the $92.3 billion New Jersey Division of Investment, helping to launch the institution’s emerging manager program this year after joining in 2020 as its first diversity portfolio manager.
Women-led or co-led portfolio management teams have outperformed their male peers in the global large-cap equity space year-to-date, according to a recent report from data analytics firm Investment Metrics.
The road to success often comes with challenges that emerging managers must overcome in their pursuit of gathering assets and recognition, according to panelists at the New York City Bureau of Asset Management’s annual Diverse and Emerging Managers Investment Conference held on Nov. 1.
The MacArthur Foundation has surpassed its goal of investing at least 20% of its approximately $8.2 billion investment portfolio with firms led by managers of color or women, Spokeswoman Kristen Mack said, in an e-mail.
Investment consultant Meketa Investment Group met virtually with more than 70 emerging and diverse investment managers across public and private markets at its latest dedicated research day on Oct. 26.
Mindfulness and tenacity are crucial characteristics for women looking to ascend to executive positions, according to three C-suite professionals at Meketa Investment Group’s Women in Leadership panel held virtually last month.
The Diverse Asset Managers Initiative is calling on Yale University to increase its diversity, equity and inclusion ef forts.
Transparency and reporting has been a major theme in the emerging and diverse manager ecosystem. It has certainly been a key area that I’ve focused this space on.
Commonfund is looking to hire more diverse managers for client portfolios as the number of such firms in its portfolio grows,.
