Allstate hires CFIG for first emerging manager program

By Chris Witkowsky — 4 years ago

The Allstate Corporation has launched its first emerging manager program to invest with small private equity and private equity real estate equity asset managers with a focus on minority- and women-owned firms. The program will be administered by the Customized Fund Investment Group. Allstate and CFIG are looking for managers raising their first, second or third funds with less than $500 million in assets.

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OPIC searches for emerging markets private equity managers

By Chris Witkowsky — 4 years ago

The Overseas Private Investment Corporation has made a call for emerging markets private equity funds, to which the institution wants to commit between $35 million to $150 million. OPIC’s commitments won’t represent more than 33 percent of a fund’s total capitalization, with the balance of a fund’s total capital coming from private investors, international finance institutions and other sources. TorreyCove Capital Partners is assisting OPIC in vetting managers.

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SBI-FMO Emerging Asia Financial Sector Fund launches

By Angela Sormani — 4 years ago

Japan’s SBI Holdings and the Netherlands Development Finance Company have announced the formal launch of the SBI-FMO Emerging Asia Financial Sector Fund. The fund will invest in promising financial sector opportunities in emerging Asia (with a focus on India, Sri Lanka, Bangladesh, Indonesia, Philippines, Thailand, Cambodia and Vietnam) and will be managed by SBI Ven Capital, Singapore.

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American Century launches new emerging markets fund

By Iris Dorbian — 4 years ago

American Century Investments has launched a new fund focusing on emerging markets. Entitled Emerging Markets Equity Fund, the pool seeks to invest in companies that have growth potential and a market capitalization greater than $500 million. Headquartered in Kansas City, Missouri, American Century is a privately-held investment management firm.

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Neuberger Berman Hires Emerging Markets Debt Professionals

By Angela Sormani — 4 years ago

Neuberger Berman Group has hired 22 emerging markets debt investment professionals, 19 of whom have joined the firm from ING Investment Management, where they managed over US$16 billion in assets. The investment staff of 12 portfolio managers, six credit analysts and four economists and strategists will operate from offices in the US, Europe and Asia, providing dedicated regional expertise and around-the-clock market coverage.

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Shell To Invest Several Hundred Million In Emerging Tech Companies

By Mark Boslet — 4 years ago

Shell said it will invest several hundred million dollars in emerging technology companies over six to eight years with the goal of finding innovations useful to the company’s operations. Target technologies include smarter exploration processes and enhanced extraction techniques. Shell’s corporate venturing arm, Shell Technology Ventures, will make investments.

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CalPERS Says It Still Supports Emerging Managers

By Gregory Roth — 5 years ago

Trying to counter claims aired at a recent state Senate hearing, Joe Dear, chief investment officer of the California Public Employees’ Retirement System, wrote a letter to the hearing chairman saying he was “troubled by testimony that questioned our commitment and intentions” with regard to emerging managers – investment firms that are often managed by women and minorities.

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