Who We Are
The National Association of Investment Companies (NAIC) is the largest network of diverse-owned private equity firms and hedge funds. NAIC’s membership consists of 115 firms representing over $224 billion in assets under management (AUM).
What We Do
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. Additionally, NAIC produces unique and compelling research on the performance of diverse managers and executes initiatives to strengthen and position the industry for future success.
Results That Matter
NAIC has engaged with over 80 capital allocators via the NAIC Institutional Roadshows and its regular course of business. These capital allocators manage over $2.5 trillion collectively. Additionally, NAIC has engaged with eight investment advisors with close to $7 trillion under advisement in the aggregate. NAIC member firms collectively manage more than $178 billion in assets and are widely utilized by the nation’s largest institutional investors, including many public pension plans, corporate pension plans, foundations, and endowments.
Performance has been key to NAIC member firm’s success and proves that emerging and diverse managers not only achieve similar rates of returns as so-called mainstream funds, but in a number of cases outperform many larger and better known firms. In a recent study conducted by Dow Jones HEC one of NAIC’s member firms was identified as the number one private equity firm in the world!
For more than 50 years NAIC has contributed to the success of its member firms by advocating on their behalf for increased capital investment, produced unique and compelling research on the performance of diverse managers, and executed initiatives to strengthen and position the industry for future success.
We invite you to explore our website to learn how NAIC and our member firms can improve your returns and strengthen your performance!
NAIC represents a vibrant and growing population of diverse-owned private equity firms and hedge funds, with a track record and ongoing performance that is competitive with the broader market. In fact, between 1995 and 2015 and between 2011 and 2015, upper quartile Diverse PE Funds in the NAIC Private Equity Index outperformed the upper quartile funds in both U.S. Buyout and U.S. Private Equity cohorts. Consequently, a growing number of institutional investors are allocating increased capital to our members as evidenced by frequent over-subscription.
Since 2014, 17 diverse-owned NAIC firms have raised 42 oversubscribed funds, highlighting investor interest in our members’ investment strategies and their long-standing track record in delivering superior returns for limited partners.