Two U.S. Representatives sent letters to 25 universities to express their concerns about the lack of diversity among asset managers of their endowments.
A Western foundation is seeking an organization to help drive diversity within a portfolio that invests in mission-aligned, venture-backed technology companies.
One outsourced cio says a dedicated origination team and a new partnership with a diverse manager association have helped increase its sourcing for diverse managers and impact investments.
A Florida general employees retirement system made $10 million in private credit commitments at its board meeting today and will hear from two additional managers at its June meeting.