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The latest news and updates from NAIC, the largest network of diverse-owned private equity firms and hedge funds.
NAIC E-News Update

The Largest Network of Diverse-Owned Private Equity Firms and Hedge Funds


NAIC E-News

NAIC Perspectives: Points of Difference

Firms undertaking their first fund-raise will find a crowded field of GPs all competing for the same institutional capital. In this installment of Perspectives, NAIC's video series, Ted Yun, Co-Founder & Managing Partner of NexPhase Capital, draws upon his personal experiences to provide helpful strategic advice on how best to engage with LPs and differentiate your fund from the rest.



NAIC E-News

RSVP Today! NAIC CIO Insights Live with Michael Miller, Managing Director & Chief Investment Officer of Colonial Consulting, Set for August 20

What are some of the top-of-mind issues CIOs are facing in today’s uncertain markets, and what portfolio adjustments do they anticipate as a result? Please join us at 2 p.m. EDT August 20th for CIO Insights Live as Michael Miller, Managing Director & Chief Investment Officer of Colonial Consulting, shares his thoughts on current market conditions and how Colonial’s institutional clients are adjusting to the ‘new normal.’

An industry veteran, Miller joined Colonial Consulting nearly 35 years ago and not only leads the firm's investment effort but also provides the firm’s clients with advice on asset allocation, manager selection and performance evaluation/attribution. A strong proponent of diversity and inclusion, Colonial Consulting has more than $3.6 billion in capital allocated with diverse firms as of December 2019.

Hosted by our President & CEO Robert L. Greene, the NAIC Insights Series brings some of the industry's leading decision-makers to the NAIC network in thought-provoking virtual engagements to share their perspectives on market conditions, its impact on allocations, and much more.





NAIC E-News

Save the Date! NAIC Members Meet One-on-One with Leading Capital Allocators on October 6th

Back by popular demand on October 6th, NAIC’s LP Meet Up has gone virtual! Exclusively for NAIC members, the LP Meet Up provides invaluable one-on-one time with decision-makers from some of the nation’s leading retirement plans, foundations, endowments and investment consulting firms. This is a rare opportunity to introduce your firm to capital allocators, share fund updates and investment strategies, learn the portfolio needs of these investors, and discover how best to stay on their radar for future prospects.

Past LP Meet Up participants have included: Aberdeen Standard Investments; Advocate Aurora Health; Alameda County Employees Retirement; Brandeis University Endowment; CalSTRS; Cambridge Associates; Colonial Consulting; Ford Foundation; Heritage Group; Invesco; Muller & Monroe Asset Management, LLC; State Universities Retirement System of Illinois; Teacher Retirement System of Texas; San Francisco Foundation; TorreyCove Capital Partners; UAW Retiree Medical Benefits Trust; Wilshire Associates.

For more information, please contact David Smith, Programs and Initiatives Manager: dsmith@naicpe.com.



NAIC E-News

The Vistria Group: A New Approach to Doing Well By Doing Good

Chicago-based Vistria Group employs a strategy that not only creates alpha-generating performance but also contributes to the betterment of society. In this installment of NAIC Member Focus, we take a look at Vistria’s investment strategy, share why the firm focuses on healthcare, education, and financial services, and highlight an exit in which the firm generated solid returns after breathing new life into a century-old company.




NAIC E-News

From William Blair: Sportswear - Sweet Success Amid COVID-19?

As a discretionary good, sportswear may seem an unlikely winner in the wake of COVID-19. But the category—which includes athletic apparel and footwear—has some unique characteristics that could ensure it emerges just fine. William Blair Research Analyst Kwesi Smith, CFA, explains why, for stronger companies, COVID-19 could be an accelerant as the companies leverage their connections with consumers to drive business through more profitable channels!





NAIC E-News

NAIC Welcomes Brown Venture Group, Infinity Q Capital Management, and Wilshire Lane Partners!

NAIC is happy to announce that Brown Venture Group, Infinity Q Capital Management, and Wilshire Lane Partners have joined our growing network!

Founded in 2018, Brown Venture Group (https://brownventuregroup.com) is a Black-owned venture capital firm exclusively focused on Black, Latino, and Native American technology entrepreneurs. BVG is based in Minnesota in the Twin Cities metro area and provides technology founders of color with investment capital, training, and professional networks that assist in launching and scaling tech-based startups.

Infinity Q Capital Management (https://www.infinityq.com) is a pioneering investment advisor managed by David Bonderman’s family office. Their investment team develops next-generation forecasting models to identify persistent behavioral biases across global markets. Infinity Q uses volatility strategies to manage mutual funds, hedge funds, and separately managed accounts.

Wilshire Lane Partners (https://www.wilshirelanepartners.com) invests in startups that sit at the nexus of real estate and technology. The firm focuses on such categories as co-living, vertical farming, on-demand self-storage (industrial), next-gen health and wellness, and ghost kitchens (retail).




NAIC E-News

Save the Date! SuperReturn North America is Going Virtual September 14-18

SuperReturn North America is going fully digital for 2020! Taking place on September 14-18, SuperReturn North America provides an in-depth overview of the private equity market, access to industry leaders and more. Join senior decision-makers from more than 250 LPs and 450 GPs in North America and beyond to forge new connections, build upon established relationships and discover where your peers are investing in today’s market.

The virtual experience offers opportunities to meet the people who matter to you, join any agenda session across five days, and benefit from this time-efficient way to meet everyone who is anyone in the private capital industry in North America. Confirmed participants include high-ranking representatives from PSP Investments, Apollo, The Carlyle Group, Stellus Capital, BlackRock, Bain Capital, CDPQ, Charlesbank, EnCap Investments, TA Associates, TPG Capital, our very own NAIC CEO Bob Greene, and more.

Please use VIP code: FKR2532NAIC for a 10% discount.





NAIC E-News

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MEMBERS NEWS


GCM Grosvenor to Become a Public Company

GCM Grosvenor will become a public company through a merger with CF Finance Acquisition Corp., a special purpose acquisition company sponsored by Cantor Fitzgerald, a leading global financial services firm. The companies announced today that they have entered into a definitive agreement to effect the transaction. The combined company will operate as GCM Grosvenor Inc. and expects its Class A common stock to be listed on the NASDAQ stock exchange. GCM Grosvenor’s existing senior management team, led by Chairman & CEO Michael J. Sacks, will continue to lead the business. The transaction values GCM Grosvenor at $2 billion. Upon the completion of the transaction, GCM Grosvenor management will own more than 70% of the equity interests of the combined company – consistent with their historic ownership level of the firm.


NexPhase Capital-Backed KnowFully Acquires CME Outfitters

KnowFully Learning Group, a NexPhase Capital-backed provider of continuing professional education and exam preparation courses to the healthcare, accounting and finance sectors, announced it has acquired CME Outfitters, a leading accredited provider of continuing medical education. CME Outfitters develops, distributes, and certifies continuing education activities that focus on the integration of the multidisciplinary care team to ensure the best care of patients. CME Outfitters' educational interventions include interactive webcasts, live symposia, medical simulations, clinical case series, and other innovative formats that leverage the latest in technology to optimize the learning environment and promote clinician and patient behavior changes.


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