An Illinois pension fund hired a new global credit fixed-income emerging manager-of-managers and made a $50 million real estate commitment at its board meeting last week.
A Midwestern pension plan hired a new global emerging manager-of-managers this week.
A pension fund in the Midwest will interview two finalists in its emerging manager-of-managers search this week.
A Midwestern pension plan’s investment committee approved private equity secondaries commitments last week.
A Midwestern pension plan has invested directly in two domestic fixed-income emerging managers while formally terminating its relationship with manager-of-managers Progress Investment Management Company.
Historically black colleges and universities (HBCU), representing more than $2 billion in endowment assets, have the opportunity to raise awareness and bring change to the underrepresentation of diverse-owned investment managers in the approximately $70 trillion asset management industry, allocators and industry experts said.
A West Coast pension plan approved hires in its domestic small-cap equity emerging manager search last week.
A Mid-Atlantic-based university will invest with a local minority-owned investment manager this fiscal year.
A Midwestern pension plan has hired an emerging manager-of-managers to run a global equity portfolio.
Lack of information stymies investor appetite for diverse investment strategies.