The Verus research teams continuously pursue emerging and diverse managers, year round, which is worked into their ongoing research agenda. The Verus Emerging and Diverse Manager Program seeks to expand its coverage of emerging and diverse managers by identifying additional skillful small and diverse firms for consideration and inclusion in client portfolios. Verus invited qualified managers to participate in one-on-one meetings with its senior staff during its 6th Emerging and Diverse Manager Diligence Days.
Definitions: Verus defines emerging managers as employee-owned firms with less than or equal to $3 billion in total assets under management (“AUM”). Diverse firms are typically characterized by levels of women and minority ownership or where key investment decision-makers on the strategy team are minorities and/or women (“diverse teams”), although we are permitting managers to define their own diversity attributes. Private fund managers (private equity, private debt, and real assets) raising their first or second institutional vehicles under $1.5 billion are also invited to attend.
Verus hosted a webinar on April 10 to discuss past events, what Verus is looking for in an emerging or diverse manager, and details regarding event registration. watch the webinar recording | view the presentation slides
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