Emerging/Diverse Managers
The National Association of College and University Business Officers (NACUBO) “is keenly focused on the importance of diversity in asset management positions, as well as diversity in the business officer profession as a whole,” according to a letter from President and CEO Susan Whealler Johnston in response to a letter from six members of Congress that requested the association take a closer look at diversity in endowment management.
CalPERS’ move to lower risk means massive hit to emerging manager program.
A Southern pension plan will issue an emerging manager-of-managers RFI in the coming days.
Members of Congress are calling on the National Association of College and University Business Officers to help increase diversity among college and university endowment managers, according to an announcement.
A Wisconsin pension plan has issued fund-of-funds RFPs in three private equity strategies.
A California public pension fund is looking to create a $200 million emerging manager hedge fund program.
A Windy City pension plan expects to make a hire in its MWDBE core-plus bond manager search later this month.
A state pension plan in the Northeast disclosed several recent commitments and one manager termination.
Foundations and endowments need to eliminate biases in their governance and investment processes to unlock more opportunities for women and minority investment managers.
