Minority-Owned Private-Equity Firms Drive Higher Rates of Return
Women on Business
OCTOBER 2, 2012
NEWS AND INSIGHTS UPDATE: A study by the National Association of Investment Companies (NAIC) found that the funds managed by its member firms (79% of which are owned by minorities and 69% of which have women or minorities in at least half of the investment roles) had a median net internal rate of return of 15% from 1998-2011.
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