NYC Pensions Counter Anti-DEI Rhetoric With $23.1B Invested in Diverse Firms
CIO Steven Meier aims to set a ‘powerful example’ that diversity is fundamental to fiduciary duty.
Manager Selection
SDCERA Seeks Investment Consultant
The San Diego County pension issued a request for proposal, with submissions due by December 13.
Illinois Municipal Retirement Fund Seeks Real Estate Managers
The IMRF aims to commit at least $50 million to residential property strategies.
Largest Managers’ Assets Grew 12.5% in 2023 to $128T
Data from WTW's Thinking Ahead Institute show the 20 largest managers account for almost half of global discretionary assets.
Neuberger Berman Names Jeff Blazek as Co-CIO for Multi-Asset Strategies
The investment management veteran comes from Cambridge Associates.
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.
Macalester College Endowment to Outsource Investment Management
The school is shuttering its internal investment office and transferring its duties to management firm Investure.
Meketa to Hold 15th Emerging Manager Conference in October
The event will be among several conferences held in 2024 that focus on emerging and diverse managers.
Illinois Police Fund Seeks Credit Manager
The pension, which plans to build out a private credit strategy, approved a request for proposal for a manager.
CalSTRS Allocates $200M to Kennedy Lewis for Credit Investments
The pension behemoth will invest assets in secured lending with the debt-oriented asset manager.
Iowa Pension Recommends 9 New Managers for Real Assets Portfolio
IPERS plans to make $500 million in real assets commitments in 2024.
Illinois Teachers’ Pension to Prioritize Liquidity, Volatility Protection in New Asset Allocation Plan
The fund also made up to $570 million in commitments to new and existing managers.
Wilshire Releases Diverse-Owned Manager Report
The sixth annual report finds that Wilshire’s diverse clients more than doubled since 2018.
Nest to Replace State Street with Northern Trust as Its Administrator
The UK pension program lauds its new investment firm’s ‘flexibility’ and ‘sophistication.’
BlackRock, Temasek JV Fund Surpasses Target With $1.4 Billion Close
Decarbonization Partners aims to invest in firms that support the acceleration of decarbonization.