Emerging/Diverse Managers

Industry News
Union Heritage To Re-Emerge From Morgan Stanley

The large-cap equity manager was first acquired by Morgan Stanley in 2011.

12.23.20
Non-U.S. & Global Equity
Midwest Plan Wraps Up Global Equity Mgr. Search.; Approves A/A

A Midwestern pension plan terminated its active large-cap equity managers to fund mandates with three new global equity managers hired following an RFP search.

12.17.20
Passive Equity
Chicago Plan Hires Passive Equity Manager

A plan based in Chicago has hired an investment manager to handle a passive equity strategy.

12.17.20
Emerging/Diverse Managers
Southern Plan Makes Emerging MoM Hires

The plan opted to hire one firm to manage a domestic small-cap allocation and another for international small-cap.

12.16.20
Alternatives
Northeast Plan Discloses Investments

Plan funded a new international equity manager and added alternatives commitments in October.

12.15.20
Hedge Funds
West Coast Plan Hires Emerging HF Program Manager

The manager will look to identify emerging hedge fund firms.

12.11.20
Daily Feed
New England Plan Begins PE FOF Search

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

12.10.20
Emerging/Diverse Managers
Midwest Plan Expands Emerging Mgr. Program

Action will see plan expand its emerging manager program target to $1 billion from $750 million.

12.09.20
Absolute Return
New England Plan Taps Absolute Return Mgr. Replacement

A New England pension plan tapped a replacement for a recently terminated absolute return manager at a meeting today.

12.09.20
Emerging/Diverse Managers
Western Foundation Adds Diverse Manager Policy

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.

12.03.20