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The Largest Network of Diverse-Owned Private Equity Firms and Hedge Funds |
NEW TIME! Robert F. Smith Joins Industry Insights Live on March 23rdNAIC is proud to announce that Robert F. Smith, Founder, Chairman, and CEO of Vista Equity Partners, will join us for the March 23rd edition of Industry Insights Live! Set for 2:30 p.m. ET, NAIC President & CEO, Robert L. Greene, will host the renowned investor, entrepreneur and philanthropist in an unforgettable and dynamic conversation. |
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NAIC Market Update: A Value Proposition for Diversity“It pays to invest in women and diverse-owned enterprises,” says Mina Pacheco Nazemi, Managing Director, Co-Head of Funds & Co-Investments, Barings. In this NAIC Market Update video, Pacheco Nazemi makes a strong case for allocating capital to women and people of color, calling these managers smart, hungry, and hard-working with a differentiated approach to their investments that separates them in the marketplace. Pacheco Nazemi, an Advisory Committee Member of the NAIC Women in Alternatives Initiative, is also a member of Barings’ investment committee and valuation committee. |
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NAIC and TPG Form Partnership to Address Industry Pipeline ChallengesNAIC and TPG, a global alternative asset firm, announced that they have formed a partnership to build on the organizations’ shared commitment to addressing the industry’s pipeline challenges through curated events, training, and other engagement opportunities. |
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DEADLINE EXTENDED TO MARCH 31! NAIC Seeks High-Performing Women for PARADIGM CHANGERS Undergraduate and Graduate Internship Program!Due to popular demand, we are extending the deadline for the NAIC PARADIGM CHANGERS Undergraduate and Graduate Internship Program to March 31! Time is running out to participate in this groundbreaking effort to address the lack of female participation – particularly diverse women – in alternative investments. The program provides education, career development programming, mentoring, and summer internships at leading NAIC and American Investment Council (AIC) member firms. |
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NAIC Accepting Applications for 2021-2022 MBA FellowshipsDesigned to introduce diverse second-year MBA students with a focus in finance to the universe of diverse-owned private equity firms and hedge funds, NAIC is excited to announce that we are accepting applications for the 2021-2022 Class of NAIC MBA Fellows! A 10-month compensated fellowship, this will be the third year that NAIC is facilitating opportunities for young professionals through this program. |
The Reviews are in: NAIC NextGen Symposium is a Hit!Attendees are providing fantastic feedback on the 2021 NAIC NextGen Symposium – which is halfway through the six-week curriculum. Here is what a few have had to say: |
Jasmine Elbarbary Joins NAIC as Alliance and Marketing ManagerNAIC is excited to announce that Jasmine Elbarbary has joined our team as Alliance and Marketing Manager! |
Aon Unveils Diverse Manager Investing Survey ReportThe events of 2020 have impacted how institutional investors think about diversity (gender, race, LGBTQ, etc.) in their investment portfolios. Against this backdrop, Aon conducted a survey of institutional investors that revealed increased pressure from boards and beneficiaries to address diversity in their portfolio. |
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NAIC is Proud to Support: SUPERRETURN NORTH AMERICA VIRTUAL 2021SuperReturn North America, SuperReturn Private Credit US and SuperReturn Energy are brought together to provide three days of valuable interactions and market-leading insights. All in a virtual setting. |
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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. |
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Wind Point Partners Acquires FoodScience CorporationWind Point Partners announced it acquired FoodScience Corporation, a Vermont-based formulator, manufacturer and marketer of high-quality nutritional supplements for humans and pets. The company offers a broad portfolio of nutritional supplements through its brands VetriScience, DaVinci, and Pet Naturals, as well as private label and custom formulation offerings. FoodScience represents Wind Point’s fifth platform acquisition of a family or entrepreneur-owned business in the last 18 months, continuing the firm’s decades-long history of partnering with founders and entrepreneurs to drive further growth and transformation. |
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Vista Equity Partners Portfolio Company Acquires AirbrakeLogicMonitor, a leading cloud-based infrastructure monitoring and observability platform, announced it acquired Airbrake, a developer-centric application error and performance monitoring company. The acquisition will extend LogicMonitor’s award-winning ITIM platform into developer environments and will enable customers to gain visibility into continuous integration and deployment (CI/CD) workflows while reducing risk to ensure that every code release delivers a flawless customer experience. LogicMonitor is a portfolio company of Vista Equity Partners. |
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One Rock Capital Partners Closes Fund III at $2.0 Billion Hard CapOne Rock Capital Partners, LLC announced that it has successfully closed its third flagship private equity fund at its hard cap, with total capital commitments of $2.0 billion. One Rock Capital Partners III, LP (Fund III) marks One Rock’s largest fund to date, surpassing its target of $1.5 billion. As of the final closing of Fund III, One Rock has raised approximately $5 billion of cumulative capital commitments. Fund III’s institutional investor base consists of a diverse set of government and corporate pension plans, insurance companies, health organizations, endowments and foundations, and high net worth families. |
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Carrick Capital Partners Announces Growth Recapitalization of RenalogicCarrick Capital Partners announced it made a significant investment in Renalogic, the industry leader in dialysis risk management and cost containment. Renalogic has grown rapidly in recent years as rising healthcare costs associated with chronic kidney disease (CKD) have become increasingly painful for employers. Renalogic takes a holistic approach to reducing risk associated with CKD, offering proven intervention for plans’ highest risk population, member education, patient advocacy, and dialysis cost containment. |
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Clearlake and TA Associates to Acquire Data Integrity Software Leader PreciselyPrecisely, the global leader in data integrity, announced it signed a definitive agreement for Clearlake Capital Group, L.P. and TA Associates to acquire the company. Terms of the transaction were not disclosed. Precisely provides accuracy, consistency, and context in data for 12,000 customers in more than 100 countries, including 90 percent of the Fortune 100. |
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Vista Equity Partners Builds Leadership RanksVista Equity Partners announced a series of promotions to build its leadership ranks. Vista’s promotions and recent announcement that Thomas E. Hogan has joined the Flagship Fund as an Operational Managing Director follow a year of strong results for the firm. A total of 17 senior employees earned promotions in December 2020, including the following five individuals who were promoted to leadership positions: Patrick Severson – Senior Managing Director, Foundation Fund; Rod Aliabadi – Managing Director, Flagship Fund; Josh Gray – Operating Managing Director, Endeavor Fund; Rebecca Hu – Managing Director, Office of the CEO; Brent Lanier - Managing Director, Chief Information Officer. |
EARNEST Partners Appoints Yugeng Sun and Aaron Kirchoff to DirectorsEARNEST Partners announced the promotion of Yugeng Sun and Aaron Kirchoff, to Director. Yugeng was instrumental in EARNEST Partners receiving a coveted QFLP license in China. With this promotion, Yugeng will take on additional responsibilities for the leadership and development of EARNEST Partners’ business in China. For seven years, Aaron has been instrumental in building EARNEST Partners’ success by serving client needs and forming new relationships. This promotion puts Aaron in the leadership group at EARNEST Partners with responsibilities for developing external relationships and executing internal initiatives. |