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NAIC Adds 7 New Member Firms

NAIC Adds 7 New Member Firms

Join NAIC in welcoming the below firms to our network:

Advantage Capital is a venture capital and growth equity firm with an emphasis on impact investing. Headed by Steven Stull, President and Founder, the firm provides financing to established and emerging companies located in communities underserved by conventional sources of capital. Since 1992, the firm has invested more than $3.8 billion in companies from a diverse array of industry sectors and has helped support more than 66,000 jobs.

Brewer Lane Ventures is a Boston-based early-stage fintech and insurtech venture capital firm. Led by John Kim, Founder and Managing Partner, the firm partners with visionaries reimagining how consumers and companies engage with financial services, how risk is assessed and managed, and how modern infrastructure enables incumbents and upstarts alike.

Founded by Calvin L. Butts, Jr., and Carrington M. Carter in 2018, East Chop Capital invests in undiscovered, undervalued, and value-add vacation rental homes and developments across the U.S. and select international markets. The firm seeks to generate returns for investors via rental income and asset appreciation produced by luxury vacation rental homes. Lack of access to capital is a top hurdle for businesses and entrepreneurs, especially minority-owned businesses.

Founded in 2010, Brightwood Capital Advisors is an African American-owned middle market private credit platform focused on providing senior debt capital to U.S. companies with EBITDA of $5 million to $75 million. Led by Sengal Selassie, CEO and Founder, Brightwood has more than $4 billion in AUM and focuses on five core verticals: healthcare services, business services, technology and telecommunications, transportation and logistics, and franchising.

Visible Hands VC is a stage-specific, sector-agnostic venture capital firm. The firm supports founders in launching and scaling high-growth technology companies through their curated founder programs and investment funds. Led by Daniel Acheampong, Yasmin Cruz Ferrine and Justin Kang, Visible Hands also offers a 14-week, virtual-first accelerator on a mission to highlight and invest in the limitless potential of overlooked founders.

StepStone Group is a global private markets investment firm that provides customized investment and advisory solutions to some of the most sophisticated investors in the world. As of September 30, 2022, StepStone oversaw approximately $602 billion of private markets allocations, including $135 billion of assets under management.

Founded in 1931, Weil, Gotshal & Manges LLP has been a preeminent provider of legal services for more than 90 years. With approximately 1,100 lawyers in offices on three continents, Weil has been a pioneer in establishing a geographic footprint that has allowed the firm to partner with clients wherever they do business. The firm’s four departments, Corporate, Litigation, Restructuring, and Tax, Executive Compensation & Benefits, and more than two dozen practice groups, are consistently recognized as leaders in their respective fields.