MPowered Capital, the investment firm launched by Värde Partners Co-founder and Co-executive Chair Marcia Page, has closed its first fund totaling $110 million in committed capital.
The fund, called the MPowered Capital Access Fund I, seeks to invest in diverse talent, such as fund managers who are women or part of underrepresented or minority groups, in the private alternative investments sector, according to the announcement made Tuesday. Private alternative investments can include private equity,…
