Another 13 diverse-founded firms join booming industry

At least 13 new U.S.-based firms founded by women, minorities and veterans have launched since the beginning of last year, contributing to a rising tide of diversity across the industry.

That’s according to the fifth edition of our Guide to PE/VC Firms Founded by Women, Minorities and Veterans, published this month by PrivateEquityCareer.com. (Members can access the guide here.)

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Hamilton Lane hires head of digital assets

Hamilton Lane has hired its first head of digital assets to develop and oversee strategy relating to blockchain technology and its integration into products and services.

Victor Jung joins the Conshohocken, Pennsylvania-based alternative asset manager after serving as the head of distributions and liquid private markets for the Asian business of Zug, Switzerland-based money manager Partners Group.

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Steven Mnuchin’s Liberty Strategic Capital raises close to $3 billion

Liberty Strategic Capital, a new tech-focused private equity firm founded by former Treasury Secretary Steven Mnuchin, has raised nearly $3 billion for its debut pool of capital.

The Washington DC-based firm has raised $2.3 billion from 15 investors for Liberty 77 Fund International LP, according to a regulatory filing, and $620.8 million from 33 investors for Liberty 77 Fund LP, according to a regulatory filing.

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New crop of IR executives takes charge of fundraising

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Fast-growing Incline Equity to hire at junior, mid-levels

Incline Equity Partners, a buyout firm whose payroll has more than doubled in the last three years, has openings for associates, senior associates and vice presidents in its Pittsburgh and New York City offices.

Jake Kramer, a vice president on the Ascent fund who joined the firm last summer, revealed the broad outline of the firm’s hiring plans in this Linkedin post. In an interview this week, Jack Glover, a co-founder and managing partner, said that its Ascent investment team alone needs to add some half dozen professionals.

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