This case study examines how one community foundation -- Silicon Valley Community Foundation with assets under management of $4.7 billion -- approached the issue of increasing investment manager diversity with its investment advisor -- Colonial Consulting which advises $30 billion of capital. These first-person accounts from the community foundation's CEO and the investment advisor provide candid assessments of how they addressed the issue of increasing investment manager diversity. The hope is that by sharing these observations other foundations and their investment advisors will find the courage to discuss and address the issue of investment manager diversity, the hardest taboo to break.
- Published by
- ABFE - A Philanthropic Partnership for Black Communities
- Colonial Consulting, LLC
- Silicon Valley Community Foundation
- North America / United States
- Copyright 2014 Association of Black Foundation Executives (ABFE), Colonial Consulting, LLC, Silicon Valley Community Foundation.