WASHINGTON, March 30, 2020 /PRNewswire/ — Diverse-owned private equity firms continue to outperform their benchmarks, according to Examining the Returns 2019: The Financial Returns of Diverse Private Equity
National Association of Investment Companies and Aon PLC formed a partnership to provide consulting services to diverse-owned private equity firms. NAIC, a professional association of
The Minority Business Development Agency (MBDA) has awarded a $1.4 million grant to the National Association of Investment Companies (NAIC), backing a project that will raise about $1 billion
The Commerce Department’s Minority Business Development Agency and the National Association of Investment Companies, a trade group backed by some of the nation’s biggest private
For years, black investment fund managers have delivered their clients some of the best returns in the industry. Yet, they continue to get judged more
The financial services industry in general–and asset management in particular–has long held one of the worst track records when it comes to diversity and inclusion. This may change, however, due to the Diverse Asset Managers Initiative (DAMI), an effort aimed at increasing the number of assets managed by diverse-owned firms, particularly within corporate funds, faith-based funds, labor union pension funds, and foundation and university endowments.