Emerging/Diverse Managers
A college based in the Mid-Atlantic region is shedding its private exposures to fossil fuel holdings within its endowment over the next 12 to 24 months.
The fund is looking for emerging managers-of-managers to handle domestic small-cap and large-cap equity portfolios.
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.
An outsourced cio has hired a director in its diversifying strategies group.
The plan will hire five emerging managers-of-managers to oversee $1 billion.
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.
Foundations and endowments are broadening their approach to promoting diversity and inclusion beyond hiring diverse-owned asset managers, according to a new report.
The plan has issued its RFP seeking a separate account manager to handle an approximately $750 million allocation.
