Emerging/Diverse Managers

Real Estate
Florida P&F Plan Adds Non-Core Real Estate Commitment

Commitment is first of two to non-core real estate funds anticipated this year.

Emerging/Diverse Managers
Chicago Foundation Selects Diverse Alternative Managers

Three diverse-owned managers targeting alternative assets received an aggregate of $44 million.

Non-U.S. & Global Equity
Calif. Plan To Issue Global Equity Emerging Mgr. Program RFP

Plan expects to receive a recommendation in October.

Northeast Plan Adds Commitments

Plan added commitments totaling roughly $2.7 billion with six existing managers and two new managers in March.

Industry News
New Jersey Launches Emerging Managers Program

Program is centered around a platform of separately managed accounts that will source, conduct due diligence on, invest in and oversee allocations to emerging managers.

PGIM Real Estate Names Chief DEI Officer

She will lead the firm’s first formal DEI office.

Emerging/Diverse Managers
Mid-Atlantic Foundation Adds Investments Through Gender And Racial Equity Lens Initiative

Three new investments were added to the foundation’s endowment as part of its gender and racial equity lens initiative to invest 25% of its portfolio with firms majority-owned by women and/or people of color.

Industry News
Allspring Global Investments Forms Diversity Office

The firm has also appointed a chief diversity officer and deputy chief diversity officer to lead the office.

Empower Hires Chief Diversity Officer

She will lead and drive strategy for diversity, belonging and equity.

Non-U.S. & Global Equity
Calif. County Replaces Int’l Equity Emerging Mgr.

The plan’s emerging-manager-of-managers is replacing an international equity firm due to a personnel change.