Manager Selection
Yale Endowment Launches Incubator Program for New Asset Managers
Applications for the Prospect Fellowship, which aims to help candidates launch new firms, are due October 14.
Tag: Emerging Managers
Manager Selection
The New York State Common Retirement Fund To Host Emerging Manager Conference
The 17th Annual Emerging Manager & MWBE Conference to be held in Albany.
Manager Selection
NYC Pensions Increase Allocation to Emerging Managers Following Outperformance
Minority- and women-owned managers have beaten the city’s pension funds’ benchmarks in all asset classes since 2015.
Newsmakers
New York Common Pension Fund Looking to Hire Senior Investment Officer
The position will report to the director of emerging managers, while the pension giant is also seeking an assistant counsel for investments.
Asset Allocation
New York’s State Pension Commits $2B in Investments in April
Nearly $900 million has been earmarked for investments with the pension giant’s credit portfolio.
Asset Allocation
New York Common Earmarked More Than $1.1 Billion to Alts in December
The pension fund also terminated a nearly $500 million account with Rockefeller Asset Management.
Newsmakers
CalSTRS Plans to Redefine ‘Diverse Managers’ and ‘Emerging Managers,’ in Accordance With New California Law
The investment committee will vote on whether to approve the recommendation at tomorrow’s board meeting.
Newsmakers
CalPERS to Bring in Consultant Lenox Park to Help Diversity Efforts
The firm is expected to assist with collecting data on emerging managers.
Asset Management Culture
More Investors Are Allocating to Emerging Alternatives Managers
The lack of in-person meetings did not dampen interest in smaller firms, which are putting themselves out there through Zoom.
Manager Selection
Exclusive: CalPERS Fires Most of Its Equity Managers
Allocations for both traditional and emerging equity managers were slashed from $33.6 billion to $5.5 billion, and only four of 22 managers have been spared.
News
New Mexico Investment Council Rethinks Private Equity, Creates Emerging Manager Program
Efforts try to expand the reach and effectiveness of the program.
Corporate Moves
Illinois Teachers’ Names New Leader for Emerging Manager Program
‘Invaluable’ Jose Gonzalez succeeds Kirk Sims, who left for the Texas Teachers’ Retirement System.
Newsmakers
Ohio PERS to End Emerging Manager Program
Fee savings not enough for CIO Paul Greff to continue effort to enlist newcomer firms.
Corporate Moves
Texas Teachers’ Hires CalSTRS, Illinois Teachers’ Officials
The two new leaders will develop the fund’s emerging manager programs and administrational functions.
Emerging Hedge Funds Outshine Established Peers as Investors Revisit Asset Class
Newer and smaller funds post outsized returns, while volatility for former declines to match industry.