Emerging/Diverse Managers
Plan will consider multiple mandates and ensure that diverse-owned firms are included in a search process approved at today’s meeting.
Plan selected a domestic small- to mid-cap equity emerging manager this week.
A university in the Mid-Atlantic region has selected a minority-owned firm to manage a significant portion of the proceeds of its bonds issued earlier this year.
A university on the West Coast will invest at least $2 billion with diverse investment firms in the public and private markets over the next four years.
The recommendations will now be brought to the Securities and Exchange Commission for further discussion.
As healthcare industry assets continue to grow, investment professionals have reaped the benefits of private equity opportunities and will focus on venture capital, technology-related assets and diversity, equity and inclusion initiatives to fuel further growth, according to a recent webinar.
HSBC Asset Management has acquired a minority stake in a U.S.-based ESG and diversity and inclusion focused consulting firm, which will become a female-owned asset management firm focused on ESG investment opportunities for institutional and wealth management clients, the firm announced.
The plan disclosed two private markets commitments in May.
A foundation in the Midwest hired a director of investments last week to focus on public equities.
Plan directed its general investment consultant to return with a search on “best ideas” real assets strategies.