X
Menu
X

Press Releases

NAIC Congratulates Members Ranked Among the World’s Largest Private Equity Firms
WASHINGTON, MAY 18, 2018 – The National Association of Investment Companies (NAIC) congratulates its 10 member firms named to the PEI 300, Private Equity International’s list of the world’s biggest private equity firms. The list, which is based on how much capital raised over the last five years, represents a collective fundraising total of $1.5 trillion. NAIC member firms named to the PEI 300 include: Clearlake Capital Group, L.P. HarbourVest Partners, LLC JP Morgan Asset Management Neuberger Berman One Rock Capital Partners, LLC Palladium Equity Partners, LLC Siris Capital Group, LLC Sycamore Partners Vista Equity Partners Vistria Group, LP “The NAIC is proud to see such growth among our members and applauds them on their fundraising successes,” says Robert L. Greene, President & CEO, “Having so many firms ranked among the world’s largest underscores the talent and capabilities within private equity’s diverse communities.” About the NAIC: Based in Washington, DC,
NAIC to Present Fiduciary Case for Diversity Among Fund Managers at Private Equity Summit
LOS ANGELES, APRIL 24, 2018 – The National Association of Investment Companies (NAIC), the industry association for diverse-owned and emerging investment managers, will present the fiduciary case for capital allocators to engage with diverse investment managers during Institutional Investor’s 2018 Private Equity Summit – West Coast in Los Angeles today. Robert L. Greene, President & CEO of the NAIC, will serve as a panelist for The Power of Diversity – A Competitive Advantage, a discussion that will examine the impact of diversity from a quantitative standpoint and explore how this issue might be incorporated into the investment opportunity sets identified by allocators, potentially changing the way institutions invest. For more than four decades, the NAIC has championed the cause for greater diversity among public, private pension plan and endowment managers. While a significant portion of these institutional investment funds are contributed to by persons of color, they are rarely managed
NAIC Issues Statement on GAO Report on Disparities in Asset Management
WASHINGTON, SEPTEMBER 25, 2017 – Robert L. Greene, President & CEO of the National Association of Investment Companies (NAIC), today commended Congresswoman Maxine Waters (D-CA), Senator Cory Booker (D-NJ), and Congressman Gregory Meeks (D-NY), for their efforts towards removing barriers limiting diverse investment managers from participating in overseeing federal retirement plans. He also stressed the value of greater investment by federal and other entities with these high-performing managers. “The recent report published by the General Accountability Office (GAO), affirms the message NAIC has been espousing for many years, that the under-utilization of diverse managers, at a time when they are the highest performing segment of the US Asset Managers is not only egregious but defies business logic,” says Greene. “We are calling upon all elected officials and fiduciaries to examine the practices and approaches that allow this negligent behavior to exist.” Waters, Booker and Meeks jointly released a statement on
Private Equity Leaders Working to Increase Gender Diversity in the Industry
NEW YORK, Feb. 9, 2018 /PRNewswire-USNewswire/ — On February 7th, the Private Equity Women’s Initiative hosted its second annual Forum at KPMG LLP headquarters in New York City with the aim of increasing gender diversity throughout the private equity industry. The Forum specifically included interactive discussions, case study analyses, networking opportunities, and insight from top industry executives. Over 80 top private equity professionals attended the Forum and worked to identify the best practices to recruit, retain, and advance women within the private equity industry. The Forum is part of the Private Equity Women’s Initiative, a partnership between the National Association of Investment Companies (NAIC) and the American Investment Council (AIC). Attendees heard from representatives of two of the largest public pension funds in the country, Ted Eliopoulos, Chief Investment Officer of CalPERS, and Scott Evans, Chief Investment Officer of New York City Retirement Systems. The Forum also included a roundtable