Applications open for our First-Time Fund Manager Incubator Programme
Applications for our forthcoming First-Time Fund Manager Incubator Programme are now open. We are seeking three organisations to join our 18-month programme starting in Autumn 2023. With tailored support and grants, this bespoke training will enable Black and Minoritised-led fund managers to raise their first Investment fund.
First-time fund managers face multiple barriers in launching a fund. These can be more acute for those from a Black and Minoritised background. Research shows that less than 1% of asset managers in the UK identify as Black. As a new impact investment wholesaler focused on racial equity, Pathway Fund wants to unlock that investment sooner. We want to increase the amount of capital managed by diverse-led organisations.
Pathway Fund’s ambition is to be a long-term partner to fund managers supporting Black and Ethnically-Minoritised communities. Through this pilot, we will explore the best ways of working and supporting these organisations, ultimately empowering our wider community.
Before you apply please read our Guidance Notes and FAQs. You can then apply via our online application form. The deadline for all applications is 5pm on Friday 22 September 2023.