Emerging/Diverse Managers

Windy City Plan To Consider Small-Cap Core RFP

Potential domestic small-cap core equity search would come in a decision to move away from a small-cap value manager.

Emerging/Diverse Managers
Southern County Plan Consider Local/Minority Investment

The investment will be with a newly formed local and minority-owned manager.

Credit/Private Debt
Conn. Plan Makes Credit Commitments

The plan invested up to $15 million total into two diverse-owned private credit managers on Friday.

Industry News
Matarin Capital Management Closing

The firm had suffered from asset decline and underperformance.

Emerging/Diverse Managers
Southwest Plan Approves Small, Smid-Cap Emerging Mgr. Search

Plan is seeking a domestic small- or small- to mid-cap equity manager to fill a recent gap in its emerging manager program stemming from a graduation.

Emerging/Diverse Managers
HBCUs Reeling From Pandemic, But Diverse Managers Can Anchor Endowments For Future Growth

Historically black colleges and universities are reeling, like many other higher education institutions, from the COVID-19 pandemic’s impact on their business models.

Despite these struggles, institutions cannot and should not let those issues stand in the way of growing their endowment portfolios and diversifying them to combat the underrepresentation of diverse-owned investment managers in the approximately $70 trillion asset management industry, allocators and industry experts said.

Private Equity
New England Plan Hires Diverse Private Equity FoFs

The plan hired two firms in its diverse private equity fund-of-funds search this week.

Daily Feed
Windy City Plan Charts Infrastructure Pacing Plan

Plan will target $25 million to infrastructure for 2021-2022 and could issue an RFP if no existing relationships are out to market.

Endowments Must Explore Non-Core Positions To Meet Targeted Returns Amid Uncertain Market Environment: Study

Institutions should take a fresh look at financial and investment strategies to address challenges to their business models and maintain optimal asset allocations to meet a 7.5% historical return target, particularly in the face of a long-term era of muted returns, according to a recent study.

Asset Study/Review
Mid-Atlantic Foundation Updates AA

A foundation in the Mid-Atlantic region expanded its asset allocation range for real assets and increased its range for alternatives or non-traditional assets as part of changes to its investment policy statement last year.