Emerging/Diverse Managers

Plan added a $40 million commitment to an existing minority- and women-owned investment firm and made several changes to its watch list this week.

A religious order is conducting a review of its investment managers on key ESG issues such as climate-related risks and opportunities as well as racial and gender equity.

A community foundation in the Mid-Atlantic region transitioned to an outsourced cio model last month with the hiring of a firm to handle its more than $300 million in assets.

The plan will invest in a newly formed local and minority-owned asset manager.

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

The firm had suffered from asset decline and underperformance.