Emerging/Diverse Managers

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 approved hires in its domestic small-cap equity emerging manager search last week.

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

A Midwestern pension plan has hired an emerging manager-of-managers to run a global equity portfolio.

A Northeast state plan disclosed several private equity commitments made in December. 

A Western university has launched an investment program to increase its use of women- and minority-owned investment managers.