NAA Launches 11-City National Tour 2016 - Focused on Access to Capital & Leadership Acceleration - May 2016
The New America Alliance (NAA), a national collective of influential Latino and diverse business leaders, launched its annual national economic impact tour to address access to investment capital and the acceleration of Latino leadership across sectors.
The NAA 2016 National Tour, an exclusive membership benefit, spans 11 markets including Dallas, San Antonio, Austin, New York City, Los Angeles, Sacramento, Miami, Orlando, Chicago, Washington, DC and San Juan, PR.
The Tour aims to thread a national conversation and spur tactical actions from critical stakeholders and decision makers to expand access to capital from public and corporate pension funds, as well as tapping opportunities to advance Latinos to high impact leadership positions across sectors.
To date, NAA members have visited with Dallas Employee Retirement Fund, Employees Retirement System of Texas, Teacher Retirement Systems of Texas, New York City Comptroller Scott M. Stringer and New York State Assembly Members Robert J. Rodriguez, Michael Blake and Rodneyse Bichotte.
|NAA Inc Chair of the Board Tom Soto and
Texas Teachers' Managing Director
|New York City Comptroller
Scott M. Stringer
The upcoming Tour in California, taking place May 4-5, includes meetings with Los Angeles County Employees Retirement Association, Los Angeles City Employees' Retirement System, California Public Employees' Retirement System and California State Teachers' Retirement System. NAA will also convene with California pension trustees and the NAA American Latina Leadership Caucus, and will co-host a reception with LAtino Deal Makers, a network of Latinos in finance in Los Angeles and southern California.
NAA Tour Roundtable with New York City Pensions Trustees
NAA's advocacy and the performance of Latino and diverse asset managers have resulted on the following aggregate assets under management within the NAA membership:
- NAA membership of diverse and emerging asset management firms have over $60 Billion aggregate assets under management.
- NAA diverse asset managers (with 25+% diverse ownership) represent nearly $45 Billion of aggregate assets under management.
- NAA research shows Latino asset managers in private equity represent over $10 Billion in aggregate assets under management, as compared to under $500 Million as reported by NAA in 2003.
- Ten NAA member firms manage over $1 Billion in assets. Together, these firms manage over $20 Billion in assets and range across asset classes, including private equity, real estate, hedge funds and public markets.