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Ontario Teachers’ Pension Plan pauses direct investing in private assets in China; Japan's Meiji Yasuda Life Insurance and venture capital firm establish fund; GIC and Oak Street close $15 billion REIT acquisition; and more.
New York: QIA has participated in the inaugural private equity fund of Ariel Alternatives, LLC, Project Black, LP ( Project Black or the Fund ). Ari...
Project Black invests in middle-market companies that are not currently minority owned, as well as existing Black- and Hispanic-owned businesses, providing capital, resources and minority executive talent.
Stamford-headquartered Synchrony (NYSE: SYF) announced a $100 million commitment in Project Black, which aims to scale sustainable minority-owned businesses and position them as leading suppliers to Fortune 500 companies.
Ariel Alternatives' Project Black fund will invest in diverse middle-market companies aiming to supply Fortune 500 firms.