Meketa Investment Group (Meketa), a global investment consulting and fiduciary management (OCIO) firm, today announced the launch of a new initiative to more thoroughly evaluate and rate asset managers’ efforts to ensure diversity and inclusion within their organizations. Meketa’s Annual Diversity & Inclusion Questionnaire will be sent to all public and private market managers within the firm’s internal database this month and will be included in all Request for Proposals and Due Diligence Questionnaires moving forward. Meketa will require all managers to complete this questionnaire on an annual basis thereafter.
“For many years, Meketa has been a market leader in evaluating and recommending diverse managers for a wide variety of institutional asset owners,” said Stephen McCourt, co-CEO, Meketa Investment Group. “While we are proud of these efforts and believe they continue to move the broader institutional investment industry toward equality, we also believe they are not enough. Therefore, we are implementing this new questionnaire and rating system to more fully encourage diversity and inclusion in all its forms, which we believe strengthens organizations and outcomes for clients.”