The New York-based firm has not just survived the last few years, it has thrived, doubling its assets under management to approximately $4 billion and growing its team to 23 members overall, including a now eight-person investment team.
Institutional investors looking to include diversity, equity and inclusion metrics in their due diligence processes and through implementing diverse private markets manager programs will find their efforts lead to outperformance, according to a recent whitepaper from Mercer.
Ariel Investments has launched Ariel Alternatives, a private asset management firm dedicated to expanding the minority ownership of firms.
Women-owned private equity manager Prelude Growth Partners has closed its second fund after reaching its hard cap.
