Invest in Diverse Asset Managers

IEN Resources

Racial Equity Investing: A Primer for College and University Endowments l Intentional Endowments Network (coming soon)

Gender Lens Investing: A Primer for College and University Endowments l Intentional Endowments Network, March 2019

Gender Lens Investing Landscape: Barriers & Opportunities l Q&A Coordinated by The Intentional Endowments Network, July 2018

Webinar: Gender Lens Investing: The Business Case, Opportunities, and Action | Intentional Endowments Network, February 2017

Webinar: Incorporating Diversity, Equity, and Inclusion (DEI) Factors in the Investment Process | Intentional Endowments Network, November 2018

 

Other Resources for Getting Started

DAMI's Fiduciary Guide to Investing with Diverse Asset Managers and Firms Diverse Asset Managers Initiative, April 2017

A go-to guide for institutional investors - trustees and staff- that provides financial and social rationale for inclusion of diverse asset managers in institutional portfolios. The guide provides easy to navigate resources for engaging board members on the topic, coming to consensus, creating policy, sourcing diverse asset managers and working with your consultant.  Template letters to board members and consultants with a list of questions and resources are included as well as template investment policy language.

Diverse Asset Managers in Philanthropy Study Global Economics Group, February 2020

Knight Foundation asked Global Economics Group to assess the representation of diverse asset managers among the top 50 U.S. foundations by size, focusing on the representation of women- and racial or ethnic minority- owned investment firms (“diversely-owned firms”). Of the 26 foundations that supplied sufficient data, all but 4 foundations were investing some portion of their assets with diversely owned firms and over half had more than 10% of their assets with such firms.  

Diverse Asset Managers in Philanthropy Articles  February 2020

The Carnegie Corporation of New York, The Rockefeller Brothers Fund and the Silicon Valley Community Foundation discuss the imperative and reward of investing with diverse-owned firms.

Diversifying Capital: Betting On Women And Investors Of Color (Forbes), July 2019
The global need to address access to capital inequities is greater than ever and it lies with putting women and investors of color at the forefront. When the venture capitalist calling the shots start to diversify, so will the capital commitments to founders of color who are shifting the paradigm and building economically solvent companies.

Modest Improvement' Seen for Industry on Greater Diversity Effort  (Pensions & Investments), July2019
The venture capital industry is by no means diverse, but more firms are implementing strategies to hire and retain women and minority investment executives, the second edition of the National Venture Capital Association-Deloitte Human Capital Survey shows.

Gender Lens: Bending the Arc of Finance for Women and Girls | Veris Wealth Partners, 2018

 

Investment Manager Diversification Policies

Los Angeles Fire & Police Pension Plan -  Emerging Managers Policy - October 2014

The Chicago Community Trust Statement of Investment Policy - 2018, Full Investment Policy Statement that includes Investment Management Diversification Policy

Rockefeller Brothers Fund - Aligning Investments with our Mission: Diversifying Investment Managers - March 2020

 

Sources for Diverse Asset Managers

ABFE’s Directory of Minority and Women-Owned Investment Manager Firms - 2nd Quarter 2016

Gender Equality Funds l As You Sow

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