Alternatives
When it comes to gender balance in the alternatives industry, progress is “hard to cheer about” as figures are increasing for women in junior positions, while the number of women in senior positions “drops off significantly,” according to a recent Preqin report.
Gloria Nelund was ready to retire. After serving as ceo of the U.S. private wealth management division at Deutsche Bank following a career that had included time as managing director of Scudder Kemper Investments and as ceo of BofA Capital Management, she was ready to give back.
NOEMIS Ventures has closed its first fund with $25 million in total commitments.
Black-owned early-stage venture capital firm Wilshire Lane Capital announced the first close of its debut fund with $40 million in commitments.
GCM Grosvenor raised $1.5 billion for diverse manager investment mandates in 2021, the firm announced.
Toni Hackett Antrum’s community and economic development experience over her 30-year career in the public fund investment space led her to launch a private equity racial justice impact fund in the fourth quarter.
The women- and minority-owned private equity firm universe expanded to more than 600 firms at the end of 2021, a 25% increase from the end of 2020, according to an annual report from private equity fund-of-funds Fairview Capital Partners.
Value-add real estate manager RailField Partners sees a lot of opportunities in the “very hot” multifamily marketplace.
Venture capital funding in female-founded companies hit record highs this year after the COVID-19 pandemic hindered growth within the space, according to a recent report from PitchBook.
SDS Capital Group is building a new outlook on poverty and affordable housing in California.
