Emerging/Diverse Managers
The institution’s Diversity, Equity and Inclusion Report showed that it has nearly 40% of its domestic assets under management invested with minority- and women-owned investment managers.
The university has added five new U.S.-based managers recently, a report found.
The trust split its domestic large-cap value equity allocation with an additional manager hire last quarter.
Firm lays out how an endowment or foundation can build a robust pipeline of diverse board members, starting with the creation of a board member matrix.
The plan liquidated its emerging markets equity fund-of-funds mandate and made $1.3 billion in total commitments in June.
The retirement system’s general investment consultant will return to next month’s board meeting with an international small-cap equity search.
The plan will target $110 million to core managers and $60 million to non-core emerging real estate managers.
The institution was named as having the “Best Emerging Manager Program” based on an a survey of institutional clients of a global fintech platform, beating out large and prominent public pension plans and endowments.
The plan added $90 million across two commitments in the second quarter.
The plan will issue an RFP for ACWI ex-U.S. managers in the coming weeks.