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An interview with Katherine Molnar, cio of the Fairfax County (Va.) Police Officers Retirement System.
More than two-thirds of the wealthiest 25 private and 25 public college and university endowments, representing $587 billion in total assets, refused to participate in an assessment of the representation of women- and racial or ethnic minority-owned investment firms overseeing their endowments, according to new research.
Casting a wider net and identifying diverse talent is growing in importance among the top public defined benefit pension plans and foundations and endowments in the U.S., with incremental progress seen in the hiring of women and minority cios.
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