Female Mentors and Mid-level Professionals: Apply Now for the Women In Alternatives UP Fellowship!

Are you a mid-career level professional with 7-10 years of experience in the alternative investments industry who is committed to growing your career in alternatives? Or are you an experienced veteran interested in fueling the pipeline of mid-career women of color who work in alternative investments?

NAIC is excited to announce its Women In Alternatives (WIA) UP Fellowship, an initiative created by NAIC to help guide women of color along in their careers in an effort to help them rise up through the ranks, is seeking both fellows and mentors to participate in the program. Experienced mentors are asked to dedicate at least 60 minutes per month for nine months to support a WIA Fellow in her professional development. The initiative aims to change the landscape of a field that has not always had many women – particularly women of color – at the senior executive level.

The UP Fellowship is made possible through the generous support of the American Investment Council (AIC), IMB Partners, Palladium Equity Partners and TPG.

For more information and to participate as a fellow or mentor, click below.

NAIC Performance Study Shows Diverse Asset Managers Continue to Outperform

The results are in, and diverse-owned private equity firms continue to outperform their benchmarks! NAIC released its biennial Performance Study – the industry’s only quantitative report measuring the performance of diverse-owned private equity firms against established benchmarks. This study is an essential tool for our engagements with institutional investors and an invaluable resource for the business media, our allied organizations, and member firms.

Special thanks to Aon for their contribution to this report. Among its findings are diverse private equity funds, represented by the NAIC Private Equity Index, outpaced the Burgiss median for net Internal Rate of Return (IRR), Multiple on Invested Capital (MOIC) and Distribution to Paid-In (DPI). The NAIC Private Equity Index also produced higher net IRRs than the Burgiss Median Quartile in 76.5 percent of the vintage years studied. On a total period basis, the NAIC Private Equity Index posted a 0.64x DPI to the Burgiss median’s 0.4x.

The report’s results show that even during uncertain times such as the world experienced last year, the NAIC Private Equity Index is able to surpass benchmarks consistently.

SAVE THE DATE: 2022 NextGen Symposium Kicks Off February 18!

NAIC’s Establishing the Next Generation of Private Equity Firms (NextGen) Symposium is back for the third year and will be bigger and better than ever!

The program, which we expanded from six weekly content modules to nine, is custom-designed for those who have recently launched a firm or seek to establish a new firm within the next 12 months. Each module is led by instructors representing the best-of-class in private equity who deliver virtual training sessions featuring actionable information, enhanced content and more – everything required for a young firm to succeed in this ultra-competitive industry. Once completed, participants will be positioned to launch and grow a private equity firm successfully.

To RSVP for program updates, click below.

RSVP Today! Industry Insights Live With Runa Alam, Co-Founder and CEO of Development Partners International!

NAIC is excited to welcome Runa Alam, Co-Founder and CEO of Development Partners International, to the 3 p.m. ET November 16 edition of Industry Insights Live!

An industry veteran with a history of leading successful Pan-African funds, Runa co-founded DPI in 2007. It has since become one of the largest Pan-African private equity firms in the industry, generating top-quartile performance. Those strong results contributed to DPI’s recent oversubscribed African Development Partners III Fund (ADP III). With an $800 million target, ADP III is set to hold a final close at $900 million, with an additional $250 million of dedicated co-investment capital. The ADP funds have won awards for delivering top returns to investors while also generating high levels of ESG and impact.

Please join us for what will be an engaging dialogue with a leading Pan-African investor and an innovative leader!

Arkview Capital: Filling the Capital Vacuum to Scale Diverse Businesses

Within a year after its founding, Arkview Capital completed its first investment – Genesis Bank, a state-chartered, digital-first Minority Depository Institution (MDI) in Los Angeles focused on serving diverse communities in Southern California. With that transaction – which came by way of an oversubscribed initial capital raise of $57 million – the firm took its first step toward its long-term objective of helping diversity-oriented businesses gain access to capital. In this NAIC Member Profile, we look at Arkview’s investment strategy, why the firm looks for capital vacuums and highlight its goal to become the go-to source for corporations looking for scalable diverse-owned enterprises to diversify their supply chains.

NAIC Welcomes Antara Capital

NAIC is happy to welcome Antara Capital (https://antaracapital.com/) to our network!

Antara Capital is a hedge fund that combines a fundamental approach with active trading and dynamic asset allocation to invest throughout the capital structure. The firm invests across a wide variety of financial instruments, including loans, bonds, convertible bonds, stressed/distressed credit and special situation equity investments.

Please join us in welcoming Antara Capital!

NAIC Members Only Portal is Live!

Don’t forget to register for access to the NAIC Members Only Portal. This is our go-to source for exclusive content and resources not available anywhere else. Through the portal, members can:

• Review members-only documents, including our Fundraising Advisory Support Tracker (F.A.S.T.) Form, FIN Searches access, Diverse Asset Manager Certification form and more
• Access our fully searchable NAIC Member Directory
• Gain an understanding of the latest workplace dynamics as a result of the pandemic and how it has affected real estate and the workplace via Korn Ferry’s presentation, “Returning to the Office Post-COVID-19,” and EY’s “Impacts of COVID-19 on the Real Estate Sector.”
• Get inside the heads of leading CIOs and GPs to learn alpha-generating strategies through 2021 NAIC LP Meetup panel sessions, “CIO Forecasting: 2022 & Beyond,” and “Re-evaluating Portfolios Post-Pandemic.”
• Learn how leading capital allocators are engaging with diverse-owned alternative asset management firms via full summaries of past Institutional Investor Roadshows

Connect with NAIC on Social Media!

Stay up-to-date on the latest news from diverse-owned private equity firms and hedge funds, news-making deals, NAIC announcements, interviews with high-profile insiders and other industry happenings by following us on social media.