Emerging/Diverse Managers

A Northeastern state fund appointed a senior investment officer to assist in running its emerging manager program.

Two Midwestern foundations have partnered with a financial technology firm to survey and assess the racial and gender diversity makeup of the U.S. asset management firms that invest their assets.

A Midwest plan will consider hiring an emerging manager-of-managers to increase its emerging manager utilization goal.

A New England-based university sent a letter to the investment managers in its endowment asking them to cooperate in tackling the issue of the lack of women and minorities in the asset management industry.

Three emerging managers-of-managers will handle a total of $1 billion.

An Eastern state plan disclosed several commitments as part of its initial allocation to alternative risk premia.