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Asian American and Pacific Islander (AAPI) women in investment management face a double-edged sword as many indicated they must break through two ceilings — bamboo and glass — to achieve success on their personal career paths, according to a new study
Former Northern Trust Asset Management President Shundrawn Thomas has launched a private investing firm aiming to provide growth capital and support to business operators.
The university surveyed 100 investment partners, with 91 responding, and found that 18 are substantially diverse, meaning firms ranging between 25% and 50% diverse-owned, which is down from 28 in the 2020 report.
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Chairman Gensler Dances Around Questions Over Adopting Rules
The $21.3 billion New York State Insurance Fund’s motion to enter into contracts with four emerging managers-of-managers at its July 20 board meeting failed.
The $1 billion Pittsburgh Comprehensive Municipal Pension Trust Fund has issued an RFP seeking investment managers for its local emerging manager program.
The $6 billion Boston City Retirement System issued an RFP seeking private equity managers to handle $100 million.
The $3.9 billion San Antonio Fire & Police Pension Fund terminated its emerging manager-of-managers program run by Attucks Asset Management at its Sept. 28 board meeting.
The $3.1 billion Municipal Fire & Police Retirement System has promoted Deputy CIO Carlton Chin to cio.
