The Next Robert F. Smith? The Other Black-Owned Private Equity Firm Making Boss Financial Moves
ICV Partners L.L.C. is a black-owned, New York-based private equity firm that is becoming as much as a success story as Robert F. Smith's equity firm.
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ICV Partners L.L.C. is a black-owned, New York-based private equity firm that is becoming as much as a success story as Robert F. Smith's equity firm.
What does it take to be named one of Black Enterprise’s 75 Most Powerful Women in Business? To identify our senior corporate executives and leading entrepreneurs—women responsible for developing product lines, positioning brands, operating core business areas, generating revenues, and with profit & loss oversight at the highest levels—our editorial and research teams pored over hundreds of biographies and résumés, as well as conducted interviews with potential candidates and leading trade associations for several months.
Saying there's been a bit of change in the world of finance since Black Enterprise last unveiled its list of 75 Most Powerful Blacks on Wall Street back in 2006 is about as huge an understatement as saying the financial markets have had a few bumps over the past half decade
Our nation has officially been in a recession for roughly a year—one already characterized as the most brutal in decades. At press time, 10 million Americans were out of work—6.1% of whites, 11.2% of blacks. Moreover, the financial services and automotive sectors, to name two industries, require billions in taxpayer dollars to stay afloat. Yet in this midst of this strained economy, Black Enterprise has decided to spotlight the extraordinary achievements of a cadre of top professionals—our 100 Most Powerful Executives in Corporate America.