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Dionne Chingkoe - 1 Hannah Grey - 1 Richard Wells - 1 it's - 1 Wells - 1 Krystal Hu - 1 Chizu - 1
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☆ Insight Partners raises $118 million fund to back underrepresented VCs
  + stars: | 2023-07-06 | by ( Krystal Hu | Thomson Reuters | Krystal Reports On Venture Capital | ) www.reuters.com   time to read: +2 min
July 6 (Reuters) - Global tech investor Insight Partners has raised $118 million in its second 20/20 Vision Capital fund that aims to invest in venture capital funds led by diverse managers, the firm told Reuters. This new fund expands a strategy Insights first started in 2020, after its own employees pledged $15 million of their personal capital to diverse early-stage fund managers. The environment is especially challenging for first-time fund managers. Funds including Ansa Capital Management, Hannah Grey Ventures, and Wischoff Ventures have already received backing from the Vision Capital II. Richard Wells, Managing Director at Insight Partners, said it's too early to measure fund I returns, as seed investment is a long-term game.
Persons: Dionne Chingkoe, Hannah Grey, Richard Wells, it's, Wells, Krystal Hu, Chizu Organizations: Global, Partners, Vision Capital, Reuters, Vision, Insight Partners, Investment Management Board, Pennsylvania Public School, New, The, Ansa Capital Management, Hannah Grey Ventures, Wischoff Ventures, ”, Thomson Locations: Massachusetts, New York, The U.S
☆ A band of immigrant tenants went to war with their $31 billion landlord. It's a sneak peek at what's to come across America.
  + stars: | 2022-12-27 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +16 min
In Alexandria, Virginia, $31 billion landlord CIM Group bought a massive apartment complex in 2020. The group was organizing against CIM Group, the landlord they said had upended their lives. Insider spoke with 10 Southern Towers tenants. The battle between the Southern Towers tenants and CIM could presage what's to come across America. "We're not going to leave"The Southern Towers tenants aren't the only ones following the money.
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