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New AIC chair; increasing board diversity

AIC appoints Riverside’s Pam Hendrickson as chair; how venture can move the board diversity needle.

People: The American Investment Council has appointed a new chair of the board of directors. Jen Banzaca has the details.

Diversity: The New York Times reported that of 843 public companies that the top 18 venture and private equity firms have invested in since 2000, only 49 out of about 4,700 board seats have been held by Black directors. Changing that is critical to moving the diversity needle in venture and private equity, writes Emilia David.

Email prepared by Graham Bippart