For impact investors, 2020 had all the markers of a transformational moment for finance. Six years later, the emerging managers who led that transformation face one of the harshest fundraising environments in years as they go back to market.
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(Some) LPs step up to help emerging managers cross the chasm to their next fund
Raising a first fund is hard. For many emerging managers, raising a second, or even third, fund is proving even more difficult. With ...