Emerging/Diverse Managers

The university is conducting a further review of 18 diverse firms after meeting with 100 managers across public and private asset classes in the first half of 2022 as it looks to invest at least $2 billion with diverse investment firms.

Plan made commitments to eight existing managers and one new manager last month.

Commitment is first of two to non-core real estate funds anticipated this year.

Three diverse-owned managers targeting alternative assets received an aggregate of $44 million.

Program is centered around a platform of separately managed accounts that will source, conduct due diligence on, invest in and oversee allocations to emerging managers.

She will lead the firm’s first formal DEI office.