Emerging/Diverse Managers

The plan will look to commit up to $525 million to private equity and up to $600 million to real assets in 2022.

The board approved an initial allocation of $1 billion to emerging managers across multi-asset classes.

The National Action Network recently sent letters to two higher education institutions asking them to report and break out granular data on the diversity of their collective $40 billion in endowment assets as it looks to tackle the issue of utilization of diverse-owned asset management firms.

Many endowments plan to increase their allocations to diverse-owned managers and make ESG and impact investing a priority next year, according to a new survey.

A Northeastern asset management and advisory firm has increased its allocations to diverse managers to 3% of assets under management as of June 30 compared to 2.1% in 2016, according to its inaugural Diversity, Equity And Inclusion Report.

She is based in New York and reports to Managing Director and Co-COO Robin Shanahan.