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Insider spoke with 8 of the most powerful Black women in money management about microaggressions, mentors, and career triumphs

Insider spoke with 8 of the most powerful Black women in money management about microaggressions, mentors, and career triumphs
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Grab a chair and enjoy these suggestions

Grab a chair and enjoy these suggestions Some finance-related books on tap for P&I readers this summer, but still lots of escapist fare to peruse Norman Bendell Biographies, history and escapist fare ranging from popular fiction to travel guides top the summer reading lists of readers of Pensions & Investments. Ashbel C. Ash Williams Jr., executive director and chief investment officer of the $245.8 billion Florida State Board of Administration, Tallahassee, will be reading Hank and Jan Taft and Curtis Rindlaub s book A Cruising Guide to the Maine Coast this summer. The book is for background research for an August trip on Downeast Charter Boat Tours based in Maine, Mr. Williams said in an email.

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Xponance celebrates its founding by giving back

Xponance celebrates its founding by giving back Xponance celebrates its founding by giving back Tina Byles Williams encourages her team to get involved. The Philadelphia-based minority- and woman-owned money manager Xponance Inc. is celebrating its 25th anniversary by instituting a day of service for its employees and plans to expand its A Good Measure Foundation. Now that restrictions on in-person meetings and events because of COVID-19 are being lifted and in honor of the firm s founding 25 years ago, Xponance employees are being encouraged to take a paid day off to volunteer with nonprofit organizations in the Greater Philadelphia area that aid underserved and marginalized communities and educate young people on leadership skills and financial literacy.

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CSRWire - Xponance at 25: Sourcing Investment Excellence Through Diverse & Emerging Investment Firms and Professionals

Xponance at 25: Sourcing Investment Excellence Through Diverse & Emerging Investment Firms and Professionals Firm reflects on its legacy, alternatives expansion, growth opportunities and community engagement as a stronger, post pandemic manager Published 4 hours ago Xponance team members celebrate firm s 25th Anniversary PHILADELPHIA, May 20, 2021 /CSRwire/ – Xponance, Inc., a multi-strategy investment firm, is celebrating its 25th year in the asset management industry with an optimistic outlook for the future. The $12 billion investment firm continues its long legacy as a pioneering supporter of Emerging & Diverse Managers and professionals through its Multi-Manager Platform (MMP), direct equity and fixed Income investment capabilities, with plans to offer alternatives capabilities in the near term.

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Investcorp partners in venture to back minority and female-owned fund managers

SHARE Bahrain-based alternative asset manager Investcorp plans to partner with US-based Xponance on a venture to back new companies in its sector run by managers from more diverse backgrounds. Investcorp s Strategic Capital Group and Xponance s Alt Solutions arm will provide initial stakes and seed capital to more diverse and women-owned general partnerships running alternative asset funds. The pair said the move is aimed at increasing access to capital and other resources for firms that are believed to have been historically overlooked. “At Investcorp, diversity is a key part of our uniquely global culture and we understand the critical importance of different perspectives as a driver of thoughtful decision-making and investment success, Investcorp s co-chief executive Rishi Kapoor said.

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