The venture capital space is taking steps to ensure more progress is being made toward backing women-owned and led funds and Women’s History Month is highlighting some of the efforts being made to increase the representation and role of women in the space – but there is still a long way to go.
The firm met its goal of doubling the percentage of its investments with diverse managers to 10% from 5% by the end of 2025 and has established a new target to increase assets held by diverse managers to 15% by 2025.
The foundation is searching for its next senior v.p. for investments and cio as its current investment head is set to retire from the position at the end of the second quarter after 18 years at the institution, including the last decade as cio.
The foundation is seeking an investment manager for private markets to help source and evaluate investment strategies across buyout, growth, venture capital, special situations, real estate and infrastructure.
The firm has hired a partner to support its sustainable growth equity team, which focuses on late-stage venture and growth equity investments in companies that have positive economic and climate outcomes.