Minority-owned private equity firm Stellex Capital Management has received five commitments totaling $270 million in recent months, according to fin|daily reports.
As racism and equality continue to represent a pivotal social issue, how allocators can work to eliminate unconscious biases is an important component to creating diversity and inclusion in the investment world.
Disrupting policies and practices in the capital markets to improve access, opportunity and prosperity is vital to empowering Black communities—and it’s a challenge that Erika Seth Davies is looking to take head-on.
A group of more than 50 members of the diverse alternative investment industry have issued a call to action in supporting a system to ensure African American and LatinX businesses gain greater access to institutional capital.