Emerging Manager Minimum Criteria
We define emerging managers as a segment of investment managers characterized by size, generally under $6 billion AUM, and/or women/minority owned.
The following will be minimum criteria for any firm being considered for an emerging investment manager mandate:
- The firm must have a minimum of $50 million under management in the product being considered and portfolio size shall not exceed 20% at the time of hire.
- The firm must have been in existence for a minimum of one year.
- The portfolio manager must have a minimum of five years verifiable experience managing the particular investment product, at the current firm or a previous firm