DAMI Encourages Congress: No University Tax Relief without Evidence of Diversifying Endowment Managers

February 20, 2024 - Last week, FundFire published an article on how some consultants and endowments are walking back promises made in 2020 to bolster diverse asset manager programs. The piece references the letter that DAMI recently sent to the Chairs of the Congressional Black Caucus, Congressional Hispanic Caucus, Congressional Asian Pacific American Caucus, and Congressional Progressive Caucus calling on Members of Congress to require colleges and universities seeking tax relief to release data on the diversity of the managers they work with.

Check out the full article here.