Ford Foundation partners for diverse VC, PE investments
The Ford Foundation has partnered with the Visa Foundation and Fairview Capital to expand the financial commitment to the Fairview Foundation's Emerging Managers Fund that invests in funds and direct co-investments backed by diverse and women-owned venture capital and private equity firms.
The multi-year investment fund was originally baked by the $16 billion Ford Foundation in 2019. The offering was launched to catalyze the growth of diverse firms nationwide by focusing on new firms and small funds. Officials also see the fund as a model to other foundations and endowments that a dedicated . . .
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