By Tony O. Lawson Fairview Capital recently released its annual review of women- and minority-owned private equity and venture capital firms. The report tracks a market that expanded significantly over the last decade while entering a more selective fundraising environment in 2025. The number of women- and minority-owned firms actively raising capital declined by approximately 12% in 2025, marking the first decrease Fairview has recorded since it began publishing the report in 2014. The firm now tracks nearly 1,200 women- and minority-owned private equity and venture capital firms across the United States. Fund sequence data provides a clearer view into

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