An updated study from the Knight Foundation shows assets managed by women- and minority-owned firms remains virtually the same as 10 years ago despite no difference in performance.
Healthcare investment firm OrbiMed has promoted two team members to general partner, the firm announced.
Michael Shone reflects on more than 33 years in the industry.
The transaction is expected to close in the first half of 2022.
IR+M will now serve as a subadvisor for one of Harbor’s fixed-income strategies.
He will cover the industrials and manufacturing sectors.
His successor will be named next year.
Plan has added a $10 million investment with an existing hedge fund-of-funds manager relationship.
The plan is seeking to fill its quantitative investment officer position following a recent departure.
They assumed their new roles on Nov. 1.