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The Largest Network of Diverse-Owned Private Equity Firms and Hedge Funds

The National Association of Investment Companies (NAIC) is a Washington DC-based trade association that serves as the largest network of diverse-owned and emerging private equity firms and hedge funds. Through education, advocacy and industry events, the NAIC is focused on increasing the flow of capital to high-performing diverse investment managers often underutilized by institutional investors.

NAIC Home Run Club



The NAIC Home Run Club recognizes deals completed by NAIC member firms that have returned at least 4X to their limited partners. This will be an ongoing tribute to those diverse managers who have generated superior return.

Latest News

NAIC’s Open Letter to CalSTRS on Behalf of Diverse Investment Managers

WASHINGTON, June 7, 2018 – The National Association of Investment Companies (NAIC) today issued the following letter to Chief Investment Officer magazine in response to troubling material the media outlet reported on the California State Teachers’ Retirement System’s (CalSTRS) diversity and emerging manager programs. Because of its importance to the…
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NAIC Commends Investment Group for Recognizing Performance and Potential of Diverse-Owned Firms

WASHINGTON, June 4, 2018 – The National Association of Investment Companies (NAIC) congratulates Clearlake Capital Group and the investment group led by Dyal Capital Partners on the group’s recent acquisition of a minority stake in Clearlake Capital. This transaction exemplifies a clear recognition of the enormous success Clearlake Capital has…
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NAIC Roadshow to Connect Diverse-Owned Firms with DC Institutional Investors

WASHINGTON, MAY 21, 2018 – Some of the nation’s top-performing diverse investment managers will meet with institutional investors from the Washington, DC Metropolitan Area today to showcase how investing with minority-owned firms could lead to greater returns for retirement plans. Hosted by the National Association of Investment Companies (NAIC), the…
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NAIC Member Spotlight