Investing in Diverse Asset Managers: A Performance Imperative

Share: Facebook [1] Twitter [2] LinkedIn [3] Email [4] On February 12, 2020, Knight Foundation released findings from a study[5] that analyzed the diversity among asset managers for the nation’s top charitable foundations. Carnegie Corporation of New York’s Kim Lew and Alisa Mall share insights below. View the full report here[6], and see the press release here[7]. Kim Lew (left) and Alisa Mall (right)...

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Huge Insurance Industry Surplus Eliminates Need for Renewal of Taxpayer-Backed Terrorism Insurance Program Originally Created As Temporary Response to 9/11 · Consumer Federation of America

Washington, D.C. – As Congress considers the future of the nation’s terrorism insurance program – the Terrorism Risk Insurance Act (TRIA), which expires on December 31, 2020 – the Consumer Federation of America (CFA) urged Members of the House Financial Services Committee, in a letter[1] sent Monday, to review the extraordinary growth and levels of the property/casualty insurance industry’s surplus capital...

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Elliott Discloses Letter to Shareholders of Hyundai Motor Company

HONG KONG–(BUSINESS WIRE[1])–Elliott Advisors (HK) Limited, which advises various Elliott-affiliated funds (together “Elliott”), today publicly issued a letter to all shareholders of Hyundai Motor Company (“HMC” or the “Company” 005380:KS). In the letter, Elliott detailed the case for the shareholder resolutions that it has put forward for consideration at the Company’s Annual General Meeting on March 22, 2019. These resolutions...

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Commerce Street Investment Management Letter to Orange County Business Bank Chairman, President and CEO

SAN DIEGO–(BUSINESS WIRE[1])–Commerce Street Investment Management (“CSIM”) sent the following letter to J.P. Gough, Chairman, President and CEO of Orange County Business Bank (OTCQB: OCBB), on the morning of Feb. 9, 2015. CSIM is the manager of three private equity funds that invest growth equity in community banks. Service Equity Partners, LP, one of the funds managed by CSIM, is...

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