NAIC has grown significantly over the past few years, and we are excited to report that we currently have 180 members, representing more than $300bn AUM. Underscoring that growth, 8 new members joined our association in the last 2 weeks of September alone. Welcome to our newest member firms:

Ceteri Capital is a venture capital fund that invests in healthcare and financial services for the world’s misunderstood markets. Ceteri was founded by Christopher Hill, who was most recently a partner at a family office with ~$150MM in allocated capital. During his time at the family office, Hill led the firm’s investments in Alto Pharmacy, Galileo Health, Spotlight Therapeutics and Cortex Health. Ceteri invests by using on-the-ground networks for early access and corporate partnerships for differentiated late-stage support. The firm has a global geographic scope with a preference for seed and Series B+ investment opportunities.

Impressionism Capital is a venture capital fund that backs founders at the pre-seed stage and then doubles down on them in the seed stage, guiding companies from pre-launch to product-market-fit. The firm invests in technologies and solutions that make life better for those earning less than $100,000 annually. Launched by Sydney Thomas, who was the first hire at Precursor Ventures, a seed and early-stage focused fund that backs first-time founders, Impressionism Capital looks to leverage the team’s expertise in firm building, fund formation, strong network and deal flow to invest in technology that reflects the needs of the world in which we live.

Lateral Investment Management is a private investment firm focused on established owner-operated companies at critical moments – when the right mix of flexible capital and strategic support can drive transformational growth. The firm partners with high-conviction owners who want an institutional partner without the loss of control and dilution of a buyout. Led by Richard De Silva, Founder & Managing Partner, Lateral focuses on industries where the team has deep expertise and relationships, especially emerging or overlooked sub-sectors. The firm believes businesses riding the wave of technology-enabled disruption have formidable competitive advantages and can develop into market leaders.

Latimer Partners is a family office that invests in technologies that improve the quality of life by increasing access to improved education, health, banking, financial services, credit, and environmental conditions while generating alpha. Tom Soto, who has owned and managed four private equity funds, now manages Latimer, his family investment office. The son of Assemblyman Phil Soto and Nell Soto, two of California’s most well-respected Latino Civil Rights leaders, Tom is a long-time pioneer in the diversity in fund management and technology movement.

Latimer Ventures is a venture capital firm that makes series A investments in enterprise technology companies led by Black and Latinx founders. Led by Luke Cooper, Founding Managing Partner and CEO, the firm focuses on startups working within the insurance, cybersecurity, fintech, frontier enterprise and healthcare-related technology industries. Latimer Ventures leverages its diverse network to source the best enterprise software deals and connect them with Fortune 1000 acquirers to reach 8-10x outcomes.

Lincoln Road Global Management is a Miami-based private equity firm making control investments in lower middle market buy-and-build opportunities in North America, focusing on the Sun Belt. Founded in 2015 by Jeff Magny, Managing Partner, the firm identifies fragmented industries that it believes have unrealized growth potential and then seeks founder-owned businesses within those industries that would benefit from operational improvement and an acquisition strategy. The firm focuses on market-leading business services, value-added distribution and specialty manufacturing businesses with strong franchise value, defensible competitive advantages, and a minimum EBITDA of $3 million that would benefit from operational improvement and an acquisition strategy.

o15 Capital Partners is an alternative investment firm with a mission to provide growth capital to companies led by and serving underrepresented entrepreneurs and businesses. o15 Capital was founded by finance veterans Colin Meadows, Kenneth Saffold, and Brian Morris, who draw from more than 80 years of combined experience at such financial firms as Invesco, BlackRock, and CapitalOne. The trio brings extensive and complementary investment management experience to o15. The firm’s first fund will invest in undercapitalized companies and communities opportunistically in private credit tranches of U.S.-based lower-middle-market companies.

Visionario Venture Capital’s founders believe undercapitalized early-stage female/diverse‑led startups are a potential high-return space. Due to several market and demographic factors, the firm believes there will be an increase in diverse founders who will need to engage with venture capitalists. Headed by Managing Partners Michelle Levy, Keith Levy and Gardy Berthoumieux, who are of Puerto Rican, Haitian and Jamaican descent, Visionario focuses on unlocking the value and returns of partnering with these founders.