NEPC is proud to share our collaboration with other institutional investment consulting organizations and eVestment to form the Institutional Investing Diversity Cooperative (IIDC).
The IIDC is a collective of some of the largest and most prominent institutional investment consultants in the industry today. The members of the Cooperative are responsible for the stewardship of more than $4 trillion of assets (as of 9/30/20) held by institutions in retirement plans, employee health funds, endowments, foundations, operating funds and capital reserves, among others.
The members of the Cooperative have issued a joint statement calling for better transparency in disclosing diversity within investment teams at the product level.