Knight Foundation Highlights Diverse Asset Manager Research

LIM is proud to be recognized by the Knight Foundation as one of its diverse investment managers and supports the foundation’s goal to foster informed and engaged communities through research and community programs. Starting in 2010, the Knight Foundation began its efforts to diversify its endowment holdings with diverse-owned firms, working with Cambridge Associates as its Outsourced CIO, and hired LIM in 2020 as part of this effort.

The foundation has published insights and news on the topic of diversity in asset management, including research on diversity, ownership, and performance in the asset management industry, which can be found at kf.org/diverseownership. The Knight Foundation believes that this research has become even more timely, as our nation focuses on racial equity and inclusion, and more foundations, universities, wealth managers, lawmakers, and regulators pay attention to the diversity of firms managing trillions of dollars of assets.