Daily Feed
Progress is being made in the diverse asset management space as the past year saw an uptick in the number of investments made with Black-owned managers, according to data compiled by FIN Searches.
Data around diversity within the investment industry is becoming increasingly available, however, specifics around Black representation are not often being broken out and figures that are available show relatively stagnant growth, according to a review of several reports issued this year.
Mid-Atlantic Plan Keeps Int’l Equity Mgr. On Watch
Retirement plans are increasingly testing the waters for new investment advisors and record keepers.
The plan took the interim tag off Terrill Sanchez’s title at today’s board meeting.
County will stick with the incumbent after receiving five proposals in response to an RFP for its 457(b) and 403(b) deferred compensation plans.
Plan added up to $1.6 billion in private equity and real estate commitments and disclosed a new private equity investment officer hire.
Plan rejected the commitment after receiving additional information about the firm’s ongoing litigation yesterday.
His Co-CIO will become sole CIO following his departure.
He will serve as head of infrastructure equity within the real estate and private markets group.