Emerging/Diverse Managers

A Midwestern pension plan hired a new global emerging manager-of-managers this week.

A Northeastern state plan expects to issue its RFP for emerging managers-of-managers next week.

A Midwestern pension plan has invested directly in two domestic fixed-income emerging managers while formally terminating its relationship with manager-of-managers Progress Investment Management Company.

Historically black colleges and universities (HBCU), representing more than $2 billion in endowment assets, have the opportunity to raise awareness and bring change to the underrepresentation of diverse-owned investment managers in the approximately $70 trillion asset management industry, allocators and industry experts said.

A West Coast pension plan will conduct U.S. small-cap equity emerging manager interviews this week.

A California pension plan made hires in its search for non-U.S. developed markets equity strategies.