TRS Boosts Commitment to Diversity, Equity and Inclusion Increases Successful Emerging Manager Program to $1 Billion
SPRINGFIELD, IL – The Teachers’ Retirement System Board of Trustees confirmed its long-standing commitment to increase diversity, equity and inclusion within its investment program by enlarging the size of the System’s Emerging Manager Program (EMP) from $750 million to $1 billion.
The increase in the size of the EMP is just one part of a multi-pronged “reimagining" of the 15-year-old program and the System’s efforts to increase diversity. Currently the EMP is composed of 17 relationships with a total TRS commitment of $724 million.