Juneteenth
Despite the venture capital space setting records with an increased number of Black-owned funds, challenges remain for these underrepresented managers such as bias and a lack of access, which leaves institutional allocators seeking ways to address the barriers.
Today, we proudly unveil our fifth annual special edition of FIN Daily, dedicated to honoring Juneteenth.
Paradigm Institutional Investments launched with the goal of guiding institutions in their achievement of fiduciary excellence and attainment of financial objectives, while making positive change to diversity and inclusion in the investment industry.
The recently-launched 1803 Fund will look to rebuild Black Portland.
A look at Black-owned asset managers with more than $1 billion in assets under management.
Degas Wright, ceo, cio and portfolio manager of Decatur Capital Management, recalls drawing and coloring as a toddler, but believes his journey of capturing the beauty around him through art is just beginning.
Investments in diverse asset management continued to grow this year, with most of the commitments made to Black-owned managers in the private equity buyout and venture capital spaces, according to FIN Searches data.
The newly launched venture fund will allocate its returns to partner HBCUs.
Black-owned investment managers represent nearly one-third of all firms that have submitted information to Emerging Manager Monthly’s Diverse Manager Directory.