Emerging/Diverse Managers
A California pension plan added a pair of private equity commitments and will review responses in its ongoing search for domestic small-cap equity emerging managers.
A pension plan in the Windy City has completed its domestic core-plus fixed-income minority-, women- and disabled-owned manager search.
Sustainability, diversity and inclusion and innovation are the three largest drivers for investment success moving forward, according to investment consultant NEPC.
The National Association of College and University Business Officers (NACUBO) “is keenly focused on the importance of diversity in asset management positions, as well as diversity in the business officer profession as a whole,” according to a letter from President and CEO Susan Whealler Johnston in response to a letter from six members of Congress that requested the association take a closer look at diversity in endowment management.
CalPERS’ move to lower risk means massive hit to emerging manager program.
A Southern pension plan will issue an emerging manager-of-managers RFI in the coming days.
A Wisconsin pension plan has issued fund-of-funds RFPs in three private equity strategies.
A Windy City pension plan expects to make a hire in its MWDBE core-plus bond manager search later this month.
Foundations and endowments need to eliminate biases in their governance and investment processes to unlock more opportunities for women and minority investment managers.