It was another banner year for U.S.-based woman and minority-owned firms--especially on the venture capital side of the market.
A just-released report by West Hartford, Connecticut-based money manager Fairview Capital Partners found 502 woman and minority-owned private equity and venture capital firms in operation by year-end, up from 394 the previous year.
Now in its seventh year, the report also found that, since 2014, the population of diverse firms has grown at a scorching 28 percent compound annual growth rate. Of the 502, 214 count as woman-owned firms.