Adam Kiki-Charles
Claude Grunnitzky
Adrienne Rees
Equity Alliance
Equity Alliance was the brainchild of Richard (Dick) Parsons, one of the nation’s most celebrated business and financial leaders. Dick served as the Chairman of the Rockefeller Foundation, Chairman of Citigroup, Chairman of Time Warner, and Interim CEO of the Los Angeles Clippers and Interim Chairman of the Board of CBS. The firm was launched with backing from a distinguished group of investors dedicated to the company’s mission of democratizing access to capital including: Ronald Lauder, Kenneth Lerer, Benjamin Lerer and Eric Hippeau. Managing Partners of Lerer Hippeau; Eric Zinterhofer, Founding Partner of Search Light; Scott Kapnick, CEO of HPS Partners; and Michael Novogratz, CEO of Galaxy Investment Partners. The firm’s investment objective is to achieve superior returns by identifying and investing both in undercapitalized diverse fund managers and, on a selective basis, in individual founders. To serve as CEO and Managing Partner, Dick selected Claude Grunitzky, a first-generation founder and angel investor who launched several successful media companies and understood the power of and issues with the venture ecosystem. He is assisted by Adrienne Rees, CIO and a Partner. She is an experienced, hands-on investment professional with over 10 years of investment experience spanning mergers & acquisitions, private equity and venture capital. Adam Kiki-Charles is a Principal. He was a former Scout for Vamos Ventures and interned at BCG Digital Ventures. Prior to venture, he worked for 7 years as a healthcare informatics consultant. The Equity Alliance successfully raised a $28.7 million Fund I in 2021 and has now committed 90% of the capital from that fund. The fund made 23 GP commitments and 4 direct investments. The firm is now raising a target $50 million Fund II to build upon the success of Fund I.