Capital Access Partnership seeks to dramatically increase the allocation of capital to women and minority asset managers.
Women and minority managers expertly pursue the profit objective by outperforming the market. A 2012 KPMG/NAIC study concluded that the median net returns for its members were 15.2% from 1998-2011 verse 7.1% for Thomas Reuters U.S. Buyout Index. Similarly, Rothstein Kass Institute 2013 reported that their sample of women-owned or –managed private equity funds reported net returns of 14.8% in 2012, topping the Cambridge Associates US Private Equity Index of 13.8%.
CAP’s primary objective is to dramatically increase the allocation of capital to women and minority asset managers (“Diverse Managers”) with an emphasis on alternative classes such as venture capital, private equity, hedge fund and real estate. CAP accomplishes this by encouraging full and fair consideration of Diverse Managers by institutional investors. We provide access to Fortune 500 CEOs, Plan Sponsor CIOs, Family Offices and Sovereign Wealth Funds.
Women and minority asset managers disproportionately develop and hire diverse talent. They more often invest in women and minority owned businesses and minority communities. One study found that 88% were in companies owned by a minority group and 35% were in companies that served a specific minority group. These investments can be engines for growth and job creation in underserved communities. More than 25% of the companies were located in inner-city or LMI areas.