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Kim Lew, president and ceo of Columbia Investment Management Company, the investment management arm of Columbia University, is taking steps to add diversity to its $11.2 billion portfolio and investment processes.
Alternative investment managers Apollo Global Management, Ares Management Corporation and Oaktree Capital Management have announced a $90 million initiative for students attending three Historically Black Colleges and Universities to introduce them to the alternative investment industry.
A group of seed stage investors have announced the launch of Screendoor, a $50 million venture capital fund-of-funds focused on investing in seed stage and early-stage funds from underrepresented communities.
The plan added two private markets commitments and named a new ceo.
A California plan approved a “more privates” asset mix and a real estate commitment.
A Midwestern employees pension plan concluded the second phase of its search with the hire of two managers at today’s investment board meeting.
The plan loses its interim executive director as it nears a replacement selection.
The plan awarded its incumbent in its pension fund investment manager search.
Plan approved diverse private equity manager commitments to four funds totaling $35 million.
The plan last issued an RFP for the services in 2018.