Joe Biden, who says he wants to tax capital gains at the same rate as ordinary income and pushes left-of-center economic policies, seems an unlikely favorite of private equity firms and hedge fund managers. But supporters linked to those industries have poured more...
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...
Bain Capital Credit has closed a new distressed debt and special situations fund, with more than $3.2 billion in commitments, according to Jeff Robinson, one of the firm’s managing directors. About 50% of that total has been invested and committed, with the majority... 