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California Rolls Out New Venture Capital Diversity Reporting Requirements

California’s new law, Fair Investment Practices by Venture Capital Companies, will require diversity reporting by venture capital and similar investment firms with a California nexus beginning in 2026. Deadlines are fast approaching with a March 1, 2026 deadline to register with the DFPI and an April 1, 2026 deadline to file the first annual reports for 2025 investments.

California Rolls Out New Venture Capital Diversity Reporting Requirements

Initial compliance deadlines are rapidly approaching for California’s new Fair Investment Practices by Venture Capital Companies Law (FIPVCC), with the California Department of Financial Protection & Innovation (DFPI) delivering initial guidance and other resources to assist covered entities with compliance.

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