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 invites qualified managers to participate in one-on-one meetings with its senior staff during its 5th Emerging and Diverse Manager Diligence Days. While not a requirement, our preference is to meet with managers we haven’t met with before to expand our knowledge base.
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.
To participate in the program, we ask firms to update their firm and product profiles in the eVestment database and provide a response to an InHub Questionnaire, by February 15th. Participants received additional information upon registration. Please note there is no cost to attend, and space at the event will be limited.
Verus hosted a webinar on February 1st to discuss past events, what Verus is looking for in an emerging or diverse manager, and details regarding event registration. LISTEN TO THE WEBINAR RECORDING >