The recent deaths of George Floyd and other black Americans at the hands of police have sparked an outpouring of statements from businesses, founders and investors across the venture capital world. Many have been declarations of solidarity and support for the black community, while others have promised action to address ingrained racial inequity.
Private-equity firms notched a major win in Washington with the Trump administration paving the way for the industry to tap a massive pot of money that has long been off limits: the trillions of dollars held in Americans’ retirement accounts.