Research

Research is the foundation for every investment decision and often helps drive investor behavior. The NAIC publishes studies that offer in-depth insight into the performance of diverse managers, the industries in which they invest and the benefits of instituting emerging manager programs.

This survey examines Minority Business Enterprises (MBEs) and focuses on the internal factors which may hamper their ability to obtain critical growth or acquisition capital.
2015
This Rothstein Kass Institute study looks at how diversity efforts – and outperformance by many of the investment teams – are leading to increased allocations to funds managed by women as well as greater female representation within the alternative investment industry.
2015
This study was designed to gain a thorough understanding of how an Emerging Manager Program (“EMP”) can work best and identify the ways that stakeholders can cultivate that success. We began by contacting 22 pension funds to invite their Board members and/or Investment Staff to collaborate with us on this project by allowing themselves to be interviewed about their EMP experiences.
2015
This case study examines how the Silicon Valley Community Foundation approached the issue of increasing investment manager diversity with its investment advisor. These first-person accounts from the foundation’s CEO and the investment advisor provide candid assessments of how they addressed the issue of increasing investment manager diversity.
2015
This white paper provides an overview of best practices from some of the nation’s leading pension funds that have pioneered private equity investment with emerging managers. It analyzes and compares a few of the more successful emerging manager programs in order to identify those factors that appear critical to their success.
2015
NAIC’s performance survey, Recognizing The Results, compared the audited financial returns of NAIC Firms against the broader private equity market using four (4) industry benchmarks for the period 1998 – 2011. KPMG was engaged to collect and compile the performance data which was then analyzed by a working group of fund of funds investors.
2012
X