HarbourVest Global Private Equity (HVPE) announced results for the year ended 31 January 2020. NAV per share increase of 14.5% to $27.6 over the 12 months. The company was a net investor over the year, with $324.2m cash invested, compared with distributions of...
The National Venture Capital Association is spinning out a new nonprofit organization aimed at advancing diversity and inclusion in the industry and expanding access to venture capital, the association said Tuesday. The new 501(c)(3) nonprofit is called Venture...
Whitney Brown and Lauren Napier challenge corporations to each invest $250,000 to support entrepreneurs Black consumers spend at least $1.3 trillion a year in the American market. And even though Black women lead or dominate consumer spending in several...
The funding model that made Silicon Valley a global hub excels at creating a certain kind of innovation—but the pandemic has exposed its broader failures. I felt bad asking Zack Gray to repeat his story. He was used to it, he said. It’s the founding tale of his...
Long-suffering Mets fans who yearn for the end of the nearly two-decade, often-controversial Wilpon ownership era got welcome news this week. Harris Blitzer Sports & Entertainment, led by Apollo Global Management Inc. co-founder Josh Harris and Blackstone Group... 