News

EMM BREAKING NEWS ALERT: NYC Increasing Emerging Manager Allocation

NYC Increasing Emerging Manager Allocation The $115 billion New York City Retirement Systems is expected to search for domestic public equity managers in the small- and mid-cap space following an announcement that it will increase its allocation to women- and minority-owned asset management firms by $500 million.
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Emerging Alternatives Managers On Radar Of Institutions Heading Into 2012

Despite the overall market volatility investors experienced in the latter half of 2012, emerging managers can still have a place in alternative investment discussions during 2012, albeit in tougher circumstances, according to interviews with experts in the institutional investor sector.
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Opportunities Down Under For Emerging Managers

The Australian institutional marketplace is teeming with opportunities for boutique asset management firms looking to expand their focus outside the U.S. borders, says Luke MacRedmond, a senior executive at Morse Consulting, which provides market entry advice and ongoing business management services to investment management firms.
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InFocus

Gray & Co. No Stranger To Investing In Emerging Managers

Investment consulting firm Gray & Co. has over the years been one of the leading advocates of investing in emerging managers for the sole reason that they can provide value to a client’s portfolio.
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Clearbrook Looks To Grow With Emerging Managers

Clearbrook Investment Consulting may not be a household name among those emerging managers looking to break into the institutional world, however the firm’s more than $30 billion in assets under advisement—from clients ranging defined benefit, defined contribution, family office and nonprofits— say this isn’t a firm to be overlooked.
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Marketing

Small-Cap Shop Hopes 3-Year Numbers Build Bridge To Institutions

Bridge City Capital is looking to its strong performance as it nears its three-year track record to be the connection it needed to finally create a pathway to institutional investors.
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Old West Investment Management Hits 3-Year Track Record

Old West Investment Management has reached its three-year track record, a milestone it believes will open the door to more institutional mandates.
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Launches

Reed, Conner & Birdwell CIO Launches Cove Street Capital

Jeffrey Bronchick, the former cio of Reed, Conner & Birdwell, has launched a new firm with approximately $400 million in assets under management.
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Acuitas Investments Looks To Seed Micro-Cap Strategies

Two Russell Investments veterans have launched multi-manager shop Acuitas Investments, which will initially offer a domestic micro-cap equity product to institutional and high-net-worth investors.
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Searches

ISBI Monitors Small-Cap Mgrs.

The $11 billion Illinois State Board of Investment has collected information on about a dozen emerging domestic small-cap equity managers and could make investments on an opportunistic basis moving forward, Executive Director Bill Atwood said.
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Illinois Teachers Hires Channing, Boosts LM Capital

The $33.4 billion Teachers Retirement System of the State of Illinois made an emerging manager hire and increased its allocation with another at its December meetings.
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Alternatives

Survey Finds Large Percentage of Women Set To Launch Fund

More than 90 women in alternative investments expect to launch a new investment fund within the next 18 months, according to a survey from Rothstein Kass and 85 Broads.
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Institutions See Potential In Emerging Mgrs.; Still Hesitant On Investing Capital: Survey

Investors see the benefits of investing in emerging managers but are still hesitant to commit capital, according to research from Preqin.
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Little Black Book

Wurts Director of Research Departs

Eric Petroff, director of research for investment consultant Wurts & Associates, has departed from the firm following a reorganization of its investment research team, CEO Jeffrey MacLean said.
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State Auto CIO To Retire

Scott Jones, assistant v.p. and portfolio manager at State Automobile Mutual Insurance Company, has been named the new cio, the company announced.
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Industry News

San Jose Hires Albourne As HF Consultant

The $1.9 billion San Jose (Calif.) Federated City Employees Retirement System has approved a new asset allocation that will increase its absolute return allocation to 25% from 5% and hired hedge fund consultant Albourne to advise on the portfolio, Investment Analyst Ron Kumar said.
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AllianceBernstein Announces Management Changes

AllianceBernstein has announced a management restructuring that will see Robert Keith, co-head of institutional and retail distribution, assume sole responsibility of client service, sales and marketing in those areas.
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Expert Advice

Calif. Initatives To Promote Emerging Manager Programs

By G. Thomas Stromberg and Elizabeth C. Sluder, Kaye Scholer LLP

Newly enacted California Senate Bill 294 (the “Senate Bill”) requires the California Public Employees’ Retirement System (”CalPERS”) and the California State Teachers’ Retirement System (”CalSTRS”), the nation’s largest public pension funds, to establish five-year strategic plans for emerging investment manager participation across all asset classes and to provide annual reports on the progress of such plans.
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How To Better Communicate Investment Processes & Philosophies

By Bruce Frumerman, Frumerman & Nemeth Inc.

Rising competition among money managers is one of the key topics covered in Boston Consulting Group’s recently released ninth annual study of the worldwide asset management industry, Building On Success: Global Asset Management 2011.
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Conference Coverage

Conference Roundup: NASP-NY 15th Annual Conference

Emerging Managers Must Have Long-Term Plan Emerging managers need to understand the time it takes to raise funds and take steps to ensure their stability, panelists at the NASP-NY 15th Annual Trustee Education Conference told attendees.
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Conference Roundup: 3PM Association Annual Conference

For emerging managers that decide to hire a third-party marketing firm, it is important that both parties have a clear understanding of expectations and clearly hash out any questions over compensation at the start of the relationship, panelists told attendees at the 3PM Annual Conference held in Boston last month.
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What's In A Name?

What’s In A Name

Matarin Capital Management’s name was derived from a combination of the names of Malter’s children-Matt and Arin, who are ages 14 and 13.
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Broker Profile

Bayshore Looks To Partner With Institutions, Managers

Bayshore Capital Advisors, a multiclient family office located in Tampa, Florida, has hired Colin Hill as a managing director overseeing its business development efforts.
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