New America Alliance and the National Association of
Investment Companies
as Strategic Alliance Partners
Unique business partnership links strength of African
American and
Latino business executives and entrepreneurs to increase the
investment of private equity capital
in African American and Latino owned businesses
(July 13, 2005 ) Washington, DC – The Executive Leadership
Council™ has joined The Marathon Club as a Strategic Alliance
Partner in the organization’s mission to create wealth within
the African American and Latino communities. Established in
2002 by founding partners The National Association of Investment
Companies (NAIC) and the New America Alliance (NAA), The
Marathon Club’s mission is to “increase the availability and
investment of private equity capital in enterprises that have
significant minority ownership and management participation.”
NAIC is the industry association for private equity firms that
specialize in investing in America’s Emerging Domestic Market.
NAA is a 501 (c) 6 organization of American Latino business
people promoting the advancement of the American Latino
community.
“The Executive Leadership Council is delighted to become part of
the strategic alliance encompassed by The Marathon Club,” said
Executive Leadership Council President Carl Brooks. “Through the
strength and power of inclusive leadership, we can realize our
mutual vision of increasing wealth equity and business talent in
our respective communities. This partnership is a win-win for
business and for America.”
With some 350 members, The Executive Leadership Council is the
nation’s premier leadership organization of the most senior
African-American corporate executives in Fortune 500 companies
and equivalents. Founded in 1986 with 19 executive members – 18
men and one woman, The Executive Leadership Council has grown to
represent the highest standard in senior inclusive leadership.
Today more than one-third of its members are comprised of
women. A series of pipeline initiatives develop
African-American business leaders from the classroom to the
corporate board room. An annual CEOs Diversity Summit attracts
scores of Fortune 500 CEOs and the Institute for Leadership
Development & Research helps coach executives to breakthrough
performances and provides benchmarking research on global
business leadership issues.
“The Marathon Club is very pleased to welcome The Executive
Leadership Council to our family of strategic alliance
partners,” said Robert L. Greene, Executive Director of The
Marathon Club. “The opportunities and value that will come from
having the leadership, talent and resources of The Executive
Leadership Council, New America Alliance and the National
Association of Investment Companies hold tremendous promise for
a brighter future for America’s Emerging Domestic Market.”
Using research, leadership events, professional development
symposiums, networking forums and business alliances, The
Marathon Club effectively harnesses the strength of inclusive
leadership to build significant linkages between investors and
minority entrepreneurs, public policy and corporate leaders, and
members of the community at large.
In the coming months, the three organizations, which have
supported each other in the past, will strengthen their alliance
through The Marathon Club to leverage their resources, public
platforms, and connections to advance their strategic mission.
