Emanuel Cleaver tweeted the following:
"While some institutions, such as the University of California, track and disclose investments with diverse-owned firms, others did not appear to have ever adopted policies or practices to address potential biases in the selection of managers.Our report:cleaver.house.gov/sites/evo-subs"Read on Twitter
Here are other recent tweets from Emanuel Cleaver:
"Although this was helpful in obtaining important data on the usage of diverse-owned firms and practices among some higher ed institutions, it's clear that more information is needed to track whether or not these taxpayer subsidized institutions are providing equal opportunity."Read on Twitter"Read on Twitter
"Today, Im proud to announce the introduction of the Endowment Transparency Actlegislation that will bring more transparency to college and university endowment funds and incentivize greater opportunity for women & minority asset managers.More here:cleaver.house.gov/media-center/p"Read on Twitter
"In 2021, the @knightfdn released a report showing that only 1.4% of assets in the $82 trillion asset management industry were managed by firms owned by women and/or minorities.In the 21st century, that is completely unacceptable.knightfoundation.org/press/releases"Read on Twitter
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