Diversity

With professional networks and other social connections that are often markedly different from their male peers, this year’s Women of Influence share how they gain access to exceptional founders and start-ups.

The new initiative "will target at least 50 percent of investment going to female fund managers," the BBB says.

Investors in Zeal's $82m Fund II include Capricorn Investment Group, Citi Impact Fund, Hampton University, M&T Bank, MassMutual, Spelman College, Wells Fargo and Zaffre Investments.

LPs in Zeal Capital's Fund II include Citi Impact Fund, M&T Bank, MassMutual, Wells Fargo, Zaffre Investments and Spelman College, as well as VCs Scott Sandell and Jason Green.

Major pension signals it will continue expansion of diverse representation among managers in private market assets during overview of DEI accomplishments.

The backlash against diversity, equity and inclusion efforts has prompted an emerging manager focused on LGBTQ+ entrepreneurs to give up on his effort.

The debut Rising America fund has generated a TVPI of 3.2x and a gross IRR of 40%, lead investor Juliana Garaizar tells Venture Capital Journal.

In an effort to raise a debut fund, one firm has reduced its minimum LP commitment, set up a mechanism to accept donations and held a poker tournament for potential LPs.

Women-led VC funds are back on track to raise $3 billion this year, following a tepid fundraising outlook in May.