News

NAIC Announcements

NAIC in the News

NAIC Announcements

Member News

NAIC E-News Archive

NAIC Announcements

Herbert P. Wilkins Sr.

A true trailblazer in the financial services industry, Herbert P. Wilkins Sr. embodied the idea of diversity while making savvy investment decisions that created value

Read More ›
NAIC Announcements

Outsized Performance is Met with Outsized Demand

By Alan Hughes of the National Association of Investment Companies
Achieving oversubscribed status is often a positive accomplishment for private equity firms. It generally shows that investors have confidence in the firm’s management team and that its investment strategy will lead to healthy returns for its limited partners. For diverse managers, sometimes representing much smaller, younger firms, raising capital can be more challenging than those representing big-name institutions.

Read More ›
NAIC Announcements

Do Diverse Pension Plans Hire Diverse Investment Managers: The Answer May Surprise You

By Alan Hughes of the National Association of Investment Companies

As America’s population continues to become more diverse, the number of careers and economicopportunities in which members of these communities were historically shut out has gradually declined. In the corporate arena, management, the C-Suite and boardrooms are progressively looking less homogenous after painstaking work by trailblazers and others not afraid of the repercussions that come from demanding change. In the National Football League, the Rooney Rule led to increased hiring of
African American coaches. However, the financial services industry remains one of the areas in which diversity has been slower to take hold.

Read More ›