DMI provides resources so that traditionally underrepresented investors do not have to reinvent the wheel to run a scaled, sustainable firm. Power of capital representative of our demographics is crucial in every level of allocation.
The Foundation team and external Consortium partners will provide various levels of support to your firm. We believe this training is the cornerstone for a successful entry into the asset management business. This is also the best way for us to get to know you before we can offer our other services and introductions.
Moderating introspective exercises for your entrepreneurial journey, mission and values, and organizational strategy.
Preparing for success – long term vision and budgeting, finding the right vendors, thinking about GP economics.
Assessing your market strategy and providing real-time feedback on how you plan to source, underwrite, manage, and exit.
Crafting your narrative and brand, elevator pitch, and digital and design presence for your stakeholders.
Helping you strategize for LPs that are best for your fund strategy and avoid common pitfalls in institutional IDD/ODD processes.
Building purposeful data capture for managerial decision-making, future fundraises, and impact measurement.
A minimally-dilutive, L+500bp working capital loan for organizational expenses and start-up costs.
A platform that curates LPs interested in investing in diverse and women-led first-time / early-stage managers to facilitate efficient fundraising.
A referral-based partnership with an external financing provider to help fulfill your GP commitment.
50% or more female or diverse-owned
At least one female or underrepresented GP AND has an impact-focused investment mandate
Seasoned, diverse investment professionals who are looking to a) understand steps to establish their own firm and fund, b) raise their first fund, or c) raise subsequent funds as an early-stage firm. DMI defines “diverse” as those that are traditionally underrepresented in the asset management industry - women and those who are Black, Hispanic, Asian (-Pacific and -Indian), and Native American.See Specific Eligibility Criteria Above
We prefer to engage with you earlier than later in your firm formation and/or development. Our programming covers considerations as early as when you are contemplating starting your own asset management firm.
We require all participants to complete our Technical Assistance (TA) programming. The TA process provides the Foundation with information on your firm and fundraising plans, which serves as a basis for connecting you to our external partners or other resources. Completing our TA programming does not guarantee access to all other resources.
This will depend on where you are in your journey and your commitment to following the programming.
Thank you for your submission. We plan to open up our TA programming in Fall 2021 to the eligible participants who filled out the intake form. A Foundation member will reach out for an initial 30-minute meeting in the fall to diagnose areas for development and fundraising-readiness as well as cover any questions you may have on the Foundation’s programming.
Certain modules, such as “Partnership and Firm Culture,” are best administered on a one-on-one basis with your firm and will therefore be moderated by a member of the Foundation. Others may be administered in “classroom” settings to facilitate peer learning and feedback. All programming is completed virtually. Note, your participation in our programming will be kept confidential for as long as possible.
No, we are not LPs. We hope to help provide feedback on your fundraising materials, may facilitate working capital loans to bridge your fundraise, and may connect you to friendly LPs experienced in investing in first-time funds and diverse managers.
No - we are open to early-stage/ sub-scale firms (typically up to the third fund).
Absolutely. We believe in partnerships and maximizing resources – we just ask that you disclose this whenever possible as it may impact how we advise you on various firm and fund matters.