National Association of Investment and Development Agencies

The National Association of Investment and Development Agencies (NAIC) is the largest industry association dedicated to supporting diverse-owned alternative investment firms. By providing education, advocacy, and industry events, NAIC works to increase the flow of capital to high-performing diverse investment managers, who are often underutilized by institutional investors. Through its efforts, the association aims to address the systemic challenges faced by these investment firms and create greater opportunities for diverse professionals in the investment industry.

NAIC represents a wide range of investment firms, encompassing various backgrounds, strategies, and asset classes. Its members include firms involved in private equity, venture capital, hedge funds, real estate, and other alternative investments. The diversity of its membership reflects the broad spectrum of perspectives and approaches within the alternative investment space, highlighting the value that diverse investment managers bring to the market.

A core mission of NAIC is to promote the inclusion of diverse investment managers in institutional investment portfolios. Institutional investors, such as pension funds, endowments, and foundations, often overlook these managers, despite their ability to deliver strong returns. NAIC advocates for a more inclusive investment landscape, where diverse firms are given the opportunity to demonstrate their capabilities and contribute to financial growth.

In addition to advocacy, NAIC plays a key role in educating its members and the broader investment community. The association offers programs, resources, and networking opportunities to enhance the skills and knowledge of diverse investment managers, helping them succeed in a competitive and often challenging industry. By fostering connections between diverse investment firms and institutional investors, NAIC is helping to build a more inclusive and robust investment ecosystem, driving innovation and ensuring that diverse managers have a voice in shaping the future of the investment industry.