Trestle Partners (“Trestle”), a New York-based private investment firm that specializes in partnering with pre-Series A enterprise software entrepreneurs and founders, today announced it completed fundraising for its inaugural fund, Trestle Partners I, L.P. (the “Fund”), reaching the hard cap of $30 million.
Historically black colleges and universities are reeling, like many other higher education institutions, from the COVID-19 pandemic’s impact on their business models.
Despite these struggles, institutions cannot and should not let those issues stand in the way of growing their endowment portfolios and diversifying them to combat the underrepresentation of diverse-owned investment managers in the approximately $70 trillion asset management industry, allocators and industry experts said.