The Emergent - Spring 2016

May 2016

A periodical published by Progress Investment Management Company highlighting emerging and diverse firms, their entrepreneurial strategies, and related topics. 

Issue Highlights: Changes in plan sponsors’ asset allocations and how those changes affect investment strategies adopted by diverse and emerging firms in pursuit of alpha for their clients; Review of market performance and our view and position with regard to asset allocation given increased volatility and risk aversion across asset classes; Highlights of Progress’ 25th Anniversary Plan Sponsor and Emerging Manager Conference; Key takeaways for small and diverse firms discussed at a recent senior hedge fund practitioners’ gathering; Progress launched new impact investment strategy in partnership with Urban Advisors; Progress Gives Back – our annual tradition of raising funds for Juma Ventures at the AT&T Stadium on the Giants’ Opening Day. 


Foundations Push for More Women, Minorities in Asset Management Ranks

December 2015

In the article "Foundations Push for More Women, Minorities in Asset Management Ranks" published by Fundfire, the author Tim Sturrock talks about the trend started by the leading foundations to diversify and add value to their investment portfolios by hiring more women- and minority-owned firms.


The Emergent - Fall 2015

December 2015

A periodical published by Progress Investment Management Company highlighting emerging and diverse firms, their entrepreneurial strategies, and related topics. 

Issue Highlights: Thurman White, Progress’ CEO and President, outlines three factors to sustainable success in the investment management business; Review of market performance and Progress positioning; Advantages of Global asset allocation strategies; Hedge Fund Manager Spotlight: Calixto Global Investors; Progress’ initiative to support foster children in need. 


Strategies to Achieve Diversity in Investment Management

November 2015

Thurman V. White, Progress' CEO and President, elaborates on strategies to achieve diversity in investment management in his presentationat the Endowments and Financial Services Summit. 


The Emergent - Summer 2015

September 2015

A periodical published by Progress Investment Management Company highlighting emerging and diverse firms, their entrepreneurial strategies, and related topics. 

Issue Highlights: As part of Progress’ 25th Anniversary celebration, Thurman White, President and CEO, reflects on both the past and future examining the many ways, beyond expected investment performance, that emerging firms add value to investors. Mid-year review of our investment strategies relative to their respective benchmarks and, more importantly, versus their mainstream peers. Progress’ recent emerging manager thought leadership initiatives. In the spotlight: talent from our Emerging Hedge Fund platform and recent manager graduations to direct hire. 


The Emergent - Spring 2015

May 2015

A periodical published by Progress Investment Management Company highlighting emerging and diverse firms, their entrepreneurial strategies, and related topics. 

Issue Highlights: 2014 Investment Year In Review; Key Presentation and Discussion Points from Progress Perspectives, our Northeast thought leadership conference; Harvard Business School's Steven Rogers on the Seven Rules of Success for Institutional Investors; Resources - Progress' events, papers and webinars. 


Case Study of the W.K. Kellogg Foundation “Who Manages the Money? How Foundations Should Help "Democratize Capital""

October 2014

By Thurman V. White, Jr., President and CEO, Progress Investment Management Company, LLC, in cooperation with the Association of Black Foundation Executives (ABFE) 

There is a growing trend among institutional investors to take a more inclusive approach to managing institutional capital. This call to “democratize capital” centers on expanding the pool of investment managers to include best-in-class diverse firms. Such a shift advances both equity and fiduciary goals. Research shows that small independent investment firms often outperform larger counterparts in many asset and sub-asset classes. 

Foundations lag behind other institutional investors in diversifying their mix of investment managers. Despite the mission of many to address historic inequities, foundations typically focus diversity efforts on grant making, or perhaps leadership and staffing initiatives. But they are missing an opportunity. Using more diverse managers would allow foundations to leverage new investment talent to enhance returns, as well as create a positive social impact that holistically aligns their business practices with their philanthropic missions. 


2010 Emerging Manager Dialogue Book

November 2010


CPUC Testimony - October 21, 2010

October 2010

"Barriers to Procurement Opportunities for Emerging and Diverse Firms in Investment Management and other Financial Services"


Video "Twenty: Then Now Next"

July 2010

As Progress Investment Management Company commemorates its 20th year, Thurman V. White, Jr., President & CEO, discusses various concepts that went into authoring his book, “Twenty: Then Now Next.”