Accolade Partners, a Top Performing Venture & Growth Equity Fund of Funds, Closes a $200 million Fund of Funds Focused on Women-led and Diverse Managers

Firm Will Help to Scale Next Generation of Leading Investors

WASHINGTON, D.C., MAY 26 2021 – Accolade Partners, a fund of funds with a twenty-year track record of industry leading returns and thought leadership, is excited to announce the launch of Accolade Empowerment I. At $200 million, Accolade Empowerment is one of the largest institutional funds dedicated to investing in women-led and diverse managers. The Fund is capitalizing on the expanding universe of funds being launched by women and diverse individuals with impressive backgrounds as investors or operating executives.

“The Accolade team is passionate about investing in thought leaders who are launching funds to back a diverse set of founders and invest in technologies that can change the world and also drive strong returns” said Joelle Kayden, Managing Partner. She added, “Building more inclusive businesses is a priority for executives and a necessity to attract talent. We believe Accolade’s managers will have a compelling advantage in winning competitive deals.” Although the dollars raised in venture and growth has escalated significantly, the percentage allocated to funds led by women and diverse managers remains in the low single digits. Accolade hopes that its Empowerment Fund will be a catalyst to change that equation.

Accolade believes there is ample talent in all genders and races, not only in fund managers but also in founders who lack access to capital. In raising a $200 million fund, Accolade is helping to level the playing field. “We could not be more excited about the return potential of this fund and of these managers to change the investment landscape.” said Joelle Kayden.

About Accolade Partners

Accolade Partners is a leading alternative investment firm dedicated to delivering superior returns by investing in top-tier venture capital and growth equity funds on behalf of endowments, foundations, institutions, and individuals. Founded in 2000 and located in Washington, D.C., the Firm has raised $2.9 billion of capital and is a registered investment advisor. For more information, please visit www.accoladepartners.com.

Media Contact: Andy Salembier, COO, at 202-775-5595 or andrew@accoladepartners.com