✨More exciting news coming out today from Recast Capital ✨
We’re officially accepting applications for the 2nd cohort of our Accelerate Program 🥳
Last August, we invited 36 talented and inspiring emerging managers to join our very first cohort. Over the past few months, they’ve forged new connections and relationships with their peers, received executive coaching from top development practitioners in the industry, participated in our educational programming, received $100k (!!!) in operating support, and so much more - a full recap on the progress from cohort one to come soon! 😀
📣 Now, we’re looking for a new group of women and nonbinary-led emerging funds to join our second cohort 📣
Who should apply? The application criteria is below:
🌎US-based emerging venture funds (I-II) led by at least one general partner who identifies as a woman or non-binary, and 75% of companies funded are/will bebased in the US.
📈Venture funds should be focused at the early-stage, and have less than $25M in AUM at the time of applying (not including any closed capital for an open fund for which you're raising capital currently, any SPVs or personal capital invested).
💰Participating funds will be required to report on the demographics of the founders in which they invest. The data will be combined with other participants, anonymized and analyzed; findings will be published by Recast.
💪Passionate about changing the face of venture capital and building relationships with like minded individuals
Our Accelerate Program is designed to tackle the institutional barriers that persist in venture capital. Unfortunately today, it still takes women 2x+ longer to raise a venture fund, on average. If this is the river that high-potential, women and nonbinary-led emerging funds are swimming in, then our program is meant to help navigate the currents.
Interested in applying? You can access the application here (https://lnkd.in/eFXrfPeb) and via the link below. Learn more about the program from our website at https://lnkd.in/eSKctTuR.
❓ Questions ❓ We will hold an information session on Friday, April 26, 2024 at 9am PT/12pm ET. Sign up here: https://lnkd.in/e6a6RXEv.
You can also send questions to [email protected].
A very special thanks to my team, responsible for bringing this amazing program to the community: Courtney Russell McCrea, Ava Alemazkoor, Caroline Fernandez & Ethan Finkelstein.
💪 Let's go!
#venturecapital #privateequity #emergingmanagers #womeninvestors #diversityequityinclusion