The Fellowship helps educate the next generation of diverse
institutional grade asset managers in Venture Capital, Private
Equity, and Impact Investing.
SAN FRANCISCO, May 13, 2024 /PRNewswire/ -- VC
Include (VCI), an organization committed to evolving the
traditional investment industry by creating an inclusive ecosystem
of LPs and GPs from diverse backgrounds, today announced the cohort
for this year's Fellowship for Impact Fund I Managers.
VC Include prepares the next generation of
diverse institutional grade asset managers in VC, PE, and Impact
Investing.
The 2024 cohort includes a diverse group of fund managers that
is 50/50 women and men further demonstrating VC Include's
commitment to support and empower a broad array of firms seeking to
raise capital. Thirteen venture capital (VC) and private equity
(PE) funds were selected for VCI's 2024 Fellowship cohort. These
funds represent a total of eighteen emerging fund managers
that will join the 10-week education and mentoring program.
The Fellowship was designed for historically underrepresented fund
managers based in the United
States who are raising their first fund. The VCI Fellowship
is made possible with the generous support of the Blue Haven
Initiative, Cadence Giving Foundation, Lowenstein Sandler, MacArthur Foundation,
Marguerite Casey Foundation, Nasdaq Foundation, Pivotal Ventures,
Skoll Foundation, and the Visa Foundation.
The 2024 VCI Fellows include: * This fund manager is
currently in stealth mode.
Fund GPs
- Alejandro Muñoz Mendieta, Andy Vargas
Hernandez, No Border Ventures-Fund 1
- Cvic Innocent, Frankenbuild Ventures
- Douglas Watson, Measured
Capital
- Ernest Kabuye, Seven
Capital
- Jason Miles, Amenti Connected
Mobility Fund I
- Jeff Chu, Jenny Barba, Features Capital Fund I I
- Keith Daniel, Resilient
Ventures
- Lorine Pendleton, 125 Ventures
Fund I
- Mahrinah Shije, Fawn Sharp
Endemic Venture Capital
- Patricia Funegra, Moon Dancer
Fund
- Sonam Velani, Laura Fox, Streetlife Ventures
- Veronica Juarez, Dahlia VC
- Project M*
"I'm thrilled to welcome VCI's fourth cohort, marking my first
since taking on the role of Executive Director in December 2023," expressed Milton Speid. "Last year, venture capital
funding plummeted to $248.4B, the
lowest since 2017, with less than 0.5% allocated to Black founders
and less than 2% to women-founded startups. Additionally, LPs are
favoring established fund managers over new ones. Despite these
challenges, there's immense opportunity for change. With VCI's
education and support for emerging managers, we can unlock untapped
potential and work towards a brighter, more inclusive future for
all."
"One of the values at the heart of the work of VCI is that while
talent is universal, opportunity is not," shared Liz Diebold, Managing Director of Portfolio and
Investments at the Skoll Foundation. "The structural barriers to
opportunity for many prevent both collective and individual
benefits from finding life and generating impact for the greater
good. VCI supports its Fellows – who, while brilliant, have
generally been underserved and overlooked by traditional capital
markets – to accelerate innovative and profitable ventures that
reduce inequities and drive economic growth. We are honored to
partner with VCI and the broader ecosystem to uplift innovative
solutions from emerging founders."
To get the latest news on VCI and its dynamic programs, fund
managers with diverse teams, as well as investment professionals
interested in diversity and inclusion please visit the VCI
website and join the mailing list here.
ABOUT VC Include
The VC Include platform launched in
2018 to accelerate investment into historically underrepresented
emerging managers – women, Black, Latinx, Indigenous, and LGBTQ+ –
to drive economic growth through the power of diversity. The
organization has built the infrastructure for an inclusive economy
and is a forerunner in connecting diverse fund managers and
founders with environmental, social and governance (ESG) and impact
investing.
MEDIA CONTACT:
UFCG for VC Include
info@ufcgworldwide.com
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SOURCE VC Include