In The News: Research study finds dramatic underrepresentation of diverse-owned firms in the asset management industry.
This report by Bella Research Group, in partner with the John S. and James L. Knight Foundation, examines diversity of ownership of asset management firms. We quantify the representation of women and ethnic/racial minorities in ownership positions at mutual funds, hedge funds, private equity firms, and real estate firms in the United States. We find that the asset management industry in the U.S. is vast with $67.1 trillion in assets under management, but only 1.1% of assets are managed by diverse-owned firms. Further, we find that within conventional statistical confidence levels, diverse-owned funds perform as well as non-diverse funds. Detailed methodology and findings available in the full report. View our latest report here
Bella performs a wide variety of advisory projects for financial institutions, such as private equity and venture capital groups. At times these projects deal with very specific questions, such as how to better position a group to raise a new fund. In other cases, the projects provide a broad overview of the changing environment, a group’s strengths and weaknesses in relation to these trends, and the resulting strategic implications.
Bella has undertaken internal training sessions for a variety of firms in the private equity industry, as well as sovereign wealth funds and development finance institutions. These sessions are developed in close consultation with the senior management of the sponsoring organization. They are always tailored to meet the sponsor’s specific needs and typically feature the development of customized case studies and vignettes reflecting actual situations that the organization has faced.
Bella has executed comprehensive performance reviews for a number of private equity and venture capital firms. Using a variety of proprietary approaches, these reports measure, benchmark, and explain the source of private equity groups’ past returns. Clients often find these reviews useful in raising new funds and charting future strategies.
We have undertaken a number of strategic reviews of current or prospective efforts by governments or development institutions to create an environment that is conducive to innovation, venture capital investment, and entrepreneurship. In some cases, these studies have focused on identifying best practices to meet a nation’s or region’s needs; in other cases, they have evaluated initiatives already underway in the country or region. View one of our reports here.
Custom Research Projects
Bella often prepares custom research projects on various aspects of venture capital, private equity, and innovation. The reports from such projects vary greatly in scope and length, and may be used to guide internal thinking or strategy and/or provide useful insights to external constituencies.