Emerging/Diverse Managers
Universities continue to pull back the curtain on the diversity of their endowments with responses to an inquiry from two congressmen in the third quarter.
A fund based in the South approved the issuance of an RFP seeking investment management services for its new emerging manager program this week.
A Midwestern pension plan will hear recommendations to hire two new emerging managers-of-managers to run separate international equity and fixed-income allocations at tomorrow’s board meeting.
A nonprofit asset manager has reopened its online diverse manager portal to receive due diligence materials from women and minority managers on a permanent basis this week.
The pension plan hired a manager to handle a maiden 5% allocation to emerging markets equity after finalist interviews at its meeting this morning.
The pension plan is looking to invest $10 million to $30 million in a manager-of-managers by the end of the year.
A Midwestern pension plan will receive presentations from emerging manager-of-managers next week.
A Southern based fund approved a new asset allocation in June.
A Louisiana-based pension plan will review a draft RFP for emerging managers-of-managers at its board meeting next week.
A Northeastern pension plan will issue an RFP for a firm to help invest in direct hedge fund managers going forward.