A Southern pension plan has issued its RFI for emerging managers-of-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.
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 California public pension fund is looking to create a $200 million emerging manager hedge fund program.
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.
A Texas pension plan will conduct on-site visits with four domestic large-cap equity emerging managers as part of a search in the space.