Amanda White examines how investors in Japan, Sweden, the US and Canada are addressing the diversity question as part of their internal organization and in their investments and the managers they work with.
“We fundamentally believe that diverse companies will perform better, that diverse companies will also be able to retain their top talent longer,” the CalPERS CEO said.
Prominent institutional investors have committed capital to a newly formed venture capital fund-of-funds designed to back emerging managers raising their first fund or scale from a previous angel investment vehicle to build an ongoing firm.