WASHINGTON, July 17, 2019 – The National
Association of Investment Companies (NAIC), the largest network of
diverse-owned private equity firms and hedge funds, announced today that it has
formed a multi-year partnership with William Blair, a premier global boutique
with expertise in investment banking, investment management, and private wealth
management. One of the leading advisors for diverse asset managers, William
Blair has led nearly $30 billion in buy/sell transactions with these firms.
The
partnership will enhance the scope of William Blair’s participation with
diverse-owned firms and capital allocators that have identified diversity as a
key priority for their business, and enhance relationships with institutional
investors that see diversity as a critical element of success. In addition, the
partnership aspires to support William Blair’s ongoing recruitment and
retention of greater numbers of top-tier diverse professionals at the global firm.
It will also provide the NAIC with significant resources to expand programs and
services for diverse-owned private equity firms and hedge funds.
“The NAIC is delighted to announce this partnership with William
Blair, a premier global boutique which truly understands that embracing
diversity and inclusion leads to outstanding results,”says Robert L. Greene, president
and chief executive officer of the NAIC. “This partnership will drive greater
success for our member firms and provide William Blair with increased access to
high-performing diverse investment managers and capital allocators who share
our values.”
“We believe diversity of skills, capabilities, perspectives and
experiences drives innovation and successful client results,”said
John R. Ettelson, president and chief executive officer of William Blair. “We are thrilled to have NAIC as a
partner, and look forward to working with them and their members to foster inclusion
throughout the industry.”
About the NAIC: Based in
Washington, DC, the National Association of Investment Companies (www.naicpe.com)
was founded in 1971. Comprised of 70 member firms representing over $120
billion of assets under management, it is the largest network of diverse-owned
private equity firms and hedge funds in the United States.
About William
Blair: William Blair is
a premier global boutique with expertise in investment banking, investment management,
and private wealth management. We provide advisory services, strategies, and
solutions to meet our clients’ evolving needs. As an independent and
employee-owned firm, together with our strategic partners, we operate in more
than 20 offices worldwide.*
*Includes strategic partnerships with Allier
Capital, BDA Partners, and Poalim Capital Markets.
MEDIA CONTACT:
Alan Hughes
917-993-3842