Emerging/Diverse Managers

The manager will look to identify emerging hedge fund firms.

The search is open to funds that invest in diverse-owned firms.

A foundation in the West added a diverse manager policy to its formal investment policy statement this summer as it is looking to increase the percentage of diverse managers to 10% of the portfolio over the next two years.

A Midwestern plan will recommend a hire in its search for international developed markets equity emerging managers next month.

A Texas plan has hired an emerging manager to replace a domestic small-cap value equity account and graduated the same firm out of its emerging manager program.

The Board has begun a search for a possible successor.