W.K. Kellogg Foundation Launches $100 Million Emerging Manager Program

The W.K. Kellogg Foundation (“Kellogg Foundation”) has announced a newly formed partnership with Progress Investment Management Company LLC (“Progress”) to support and cultivate smaller, entrepreneurial, high-potential investment management companies. Under the terms of the partnership, the Kellogg Foundation will establish up to a $100 million diversified portfolio of emerging fixed income and equity managers to be managed by Progress.The program’s goal will be to generate positive, market rate returns for the Foundation while providing entrepreneurs in the investment industry with the resources they need to build their businesses, thereby helping further the Foundation’s commitment to engender success and to support communities across the country.

The full article is on :
http://www.hedgetracker.com/article/WK-Kellogg-Foundation-Launches-100-Million-Emerging-Manager-Program

Emerging Managers Summit

If you are looking to expand and diversify your asset allocation by investing in emerging managers as well as women and minority owned investment managers, the emerging managers conference will provide the unique opportunity to access a diversified group of up-and-coming performance-oriented managers and manager of managers.

The conference will explore the benefits and opportunities offered by investing in emerging managers as well as new strategies for implementing an emerging managers program. If you are an emerging manager, you will learn the procedures used by institutions to launch and maintain successful emerging manager programs. This event will showcase a variety of emerging mangers as well as minority-owned manager funds and other high potential smaller investment firms, and it will offer participants invaluable networking opportunities.

http://www.opalgroup.net/conferencehtml/2010/emerging_managers_summit_2010/emerging_managers_summit.php