An upcoming report from the Milken Institute Inclusive Capitalism Program, in collaboration with the Research team at Milken Institute Finance, analyzes the impact of female emerging venture funds on the greater financial landscape.

The report addresses whether unlocking more capital for women-led and nonbinary-led fund managers equates to increased investment in diverse founders and entrepreneurs. Women are expected to collectively inherit around $30 trillion from the baby boomer generation within the next five years and are projected to control 75 percent of discretionary funding worldwide. If even a fraction of these dollars is invested in women entrepreneurs and other underrepresented minorities, this shift in funding could permanently change the financial services industry.

In partnership with Recast Capital, our upcoming report aims to analyze the impact of capital deployment from female-led fund managers in venture capital. The report will highlight the barriers for these fund managers in venture capital and outline tangible next steps to unlock more capital for these fund managers.