Emerging/Diverse Managers

Surveys/Studies
White Asset Owners More Likely To Fear Choice Between Diversity, Profits: Survey

The poll of large U.S. asset owners found that 70% of white asset owners either somewhat or strongly agree that promotion of diversity comes at the expense of growth.

10.22.21
Industry News
US Senators Urge SEC To Adopt DEI Recommendations

The recommendations address transparency, disclosure, fiduciary duty, political contributions and investigating discrimination complaints in the asset management industry.

10.19.21
Emerging/Diverse Managers
Calif. Plan Authorizes Illiquid Credit Emerging Mgr. Program RFP

The plan authorized the issuance of an RFP as part of a newly approved credit portfolio structure.

10.13.21
Emerging/Diverse Managers
New England Health System Anchoring New Alts Fund Targeting Diverse Mgrs.

A health system in New England is anchoring a new fund that will seed alternative investment funds for diverse managers.

10.07.21
Industry News
Handing Investment Mgmt. To The Machines: Rosetta Analytics

Diverse-owned manager utilizes artificial intelligence to manage portfolios.

10.07.21
Consultant/OCIO/Discretionary
Western Plan Changes Management Structure; Codifies Commitment To Diverse Mgrs. In IPS

A plan based in the West approved transitioning the management of its endowment to a single outsourced cio provider as well as new investment policy statements for its endowment and operating funds that codify its commitment to diverse managers at its investment committee meeting last week.

10.07.21
International / Global / EAFE / Emerging Markets
New England Plan Hires Int’l Equity MoM

The firm will manage an international developed markets equity emerging manager-of-managers portfolio.

10.01.21
Emerging/Diverse Managers
Foundations Increasing Investment, Disclosure Into Diverse Mgrs. Yet Work Remains: Study

Foundations continue to be the leaders of the institutional investment space when it comes to investing with diverse- and women-owned firms as 30 of the top 55 largest foundations collectively invest more than $11 billion with diverse-owned managers, yet work remains as 14 elected not to disclose any data including diversity statistics, according to a study.

09.30.21
Consultant/OCIO/Discretionary
Western System Slated To Transition Endowment Mgmt. To Sole Outsourced CIO

A system based in the West is expected to receive a staff recommendation to transition the management of its endowment to a single outsourced cio provider this week.

09.30.21
Alternatives
Florida Plan To Interview Credit Mgrs., Fixed-Income Emerging Mgr.

A Florida general employees retirement system will interview two credit managers to each handle potential $20 million commitments and will also bring in a diverse-owned fixed-income manager as part of its emerging manager program buildout.

09.29.21