Emerging/Diverse Managers

Emerging/Diverse Managers
Commonfund Inaugural DEI Report Finds Progress, Work Remaining

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.

11.04.21
Industry News
PIMCO Hires Diversity & Inclusion V.P.

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

11.04.21
Whitepapers
Investors Expand Approach To Promote Diversity In Asset Mgmt. Space: Report

Foundations and endowments are broadening their approach to promoting diversity and inclusion beyond hiring diverse-owned asset managers, according to a new report.

11.04.21
Credit/Private Debt
Calif. Plan Issues Illiquid Credit Emerging Mgr. Program RFP

The plan has issued its RFP seeking a separate account manager to handle an approximately $750 million allocation.

10.29.21
Alternatives
Southwest Plan Discloses New Commitments

Plan disclosed recent private equity, credit, infrastructure and real estate commitments totaling approximately $1.2 billion.

10.28.21
Emerging/Diverse Managers
Western University Commits To 100 Diverse Manager Meetings In 2022

A university based on the West coast has committed to hearing 100 pitches from diverse investment managers across public and private asset classes in the first half of 2022 as part of its interest in building its exposure to diverse firms.

10.28.21
Emerging/Diverse Managers
Midwestern Foundation Adds Minority-Owned Mgrs.

A foundation based in the Midwest added minority-owned global equity and private equity managers during its finance and investment committee meeting last week.

10.28.21
Surveys/Studies
White Asset Owners More Likely To Fear Choice Between Diversity, Profits: Survey

The poll of large U.S. asset owners found that 70% of white asset owners either somewhat or strongly agree that promotion of diversity comes at the expense of growth.

10.22.21
Industry News
US Senators Urge SEC To Adopt DEI Recommendations

The recommendations address transparency, disclosure, fiduciary duty, political contributions and investigating discrimination complaints in the asset management industry.

10.19.21
Emerging/Diverse Managers
Calif. Plan Authorizes Illiquid Credit Emerging Mgr. Program RFP

The plan authorized the issuance of an RFP as part of a newly approved credit portfolio structure.

10.13.21