Emerging/Diverse Managers

Real Estate
Midwest Pension Authorizes RE Search

The plan also approved a new international equity structure and a real estate pacing plan at today’s board meeting.

Non-U.S. & Global Equity
Northeast Pension Terminates International Equity Manager; Adds Commitments

The pension plan liquidated its approximately $1.9 billion international equity mandate and made commitments totaling $108 million in April.

Emerging/Diverse Managers
Midwest Pension Seeking Emerging Real Estate Managers

The search is open to equity or debt-related real estate strategies.

Investment Consultant’s Client Portfolios Continue To See More Diverse Managers

A consulting firm increased the number of diverse managers in institutional client portfolios to 331 in 2023 from 285 in 2022, 270 in 2021 and 190 in 2020.

Emerging/Diverse Managers
Timing, Understanding Audience Paramount For Emerging Managers: Webinar

With limited hours in the day, timing is important for allocators to be conscious of when seeking new firms, while emerging managers can benefit from knowing one’s audience, according to a recent webinar.

Non-U.S. & Global Equity
Illinois Pension Launches Int’l Equity Search

The plan is seeking developed markets equity managers to handle a $50 million allocation.

Emerging/Diverse Managers
Midwest Foundation Adopts New DEI, Impact Strategy

The foundation is looking to allocate more of its endowment to diverse-owned managers and impact investments within Native American communities after approving a new strategy in the fourth quarter.

5 Questions
5 Questions With Marguerite Casey Foundation V.P. Of Investments & Operations Daniel Gould

Gould helps oversee the Seattle-based foundation’s finances and approximately $825 million investment portfolio, abiding by an investment policy that incorporates a racial equity lens and encourages the organization to add more diverse-owned managers.

Diversity Transparency Remains Disappointing Among Half Of The Largest Endowments: Study

Study on the diversity of higher education’s asset managers found just 18 institutions fully participated by providing data for the study, while an additional eight self-reported their data.

Emerging/Diverse Managers
Northeast Plan Terminates Two Emerging MoMs

The two emerging managers-of-managers were first hired in 2020.