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

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Illinois SURS Launches Diverse Manager Portal

The $22 billion State Universities Retirement System of Illi­nois has announced the launch of its online diverse manager portal.

04.05.23
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Endowments Partnering To Improve Diverse Mgr. Outcomes

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.

04.05.23
Presbyterian Pension ‘Exploring’ Emerging Manager Program
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Presbyterian Pension ‘Exploring’ Emerging Manager Program

The Board of Pensions of the Presbyterian Church is exploring creating an emerging manager program.

04.05.23
Smithsonian Institution To Disclose Investment Mgr. Diversity
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Smithsonian Institution To Disclose Investment Mgr. Diversity

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.

04.05.23
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CalPERS Terminates Global Equity Emerging Manager-of-Managers

The $446.1 billion California Public Employees’ Retirement System has eliminated its global equity emerging manager allocation with Legato Capital Management

04.05.23
Industry News
New Hires, Promotions Favor Non-Racially Diverse Staff: Meketa

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.

04.05.23
Chicago Fire Narrows Smid-Cap Value Search
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Chicago Fire Narrows Smid-Cap Value Search

The $900 million Firemen’s Annuity & Benefit Fund of Chicago reviewed a domestic small- to mid-cap value equity search report last month.

04.05.23
LACERS Names Emerging Manager Investment Officer
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LACERS Names Emerging Manager Investment Officer

The $20.8 billion Los Angeles City Employees’ Retirement Sys­tem named Barbara Sandoval as its emerging manager invest­ment officer, according to audio of the plan’s March 14 board meeting.

04.05.23
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NY Common Adds Emerging Real Estate Commitment

The $242.3 billion New York State Common Retirement Fund disclosed an emerging manager program commitment made in January.

04.05.23
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Bivium Capital Partners Senior V.P. Tony Lee Departs

Senior V.P. Tony Lee has departed emerging manager-of-manag­ers Bivium Capital Partners.

04.05.23