racial-equity
Photo by ImpactAlpha.
Signals | September 28, 2023
Overheard at the Congressional Black Caucus: Boosting Black ownership
ImpactAlpha, September 28 — Black ownership was the theme that echoed through the Walter E. Washington Convention Center at last week’s annual legislative …
Muni Impact | July 20, 2023
Social returns on investments in HBCUs rise as affirmative action recedes
ImpactAlpha, July 20 – Historically Black colleges and universities may represent the ultimate social impact investment. But instead of enjoying a social-benefit premium, many …
Metrics Madness | March 28, 2023
Chasing the holy grail of a universal metric for racial equity and wealth-building
ImpactAlpha, Mar. 28 – If the world manages in the coming decades to avert the worst-case climate catastrophe, it will be the result …
McKeever “Mac” Conwell | Photo by Kaitlin Newman.
Inclusive Economy | September 19, 2022
Emerging fund managers form pooled investment vehicle to raise capital for overlooked founders
ImpactAlpha, September 19 — Baltimore-based RareBreed Ventures, Oregon’s Rogue Women’s Fund and VitalizeVC in Chicago are combining efforts to raise a collective $10 …
Photo credit: BlackRock
Return on Inclusion | May 12, 2022
BlackRock raises an $800 million impact fund to invest in communities of color
ImpactAlpha, May 12 — BlackRock’s $330 billion alternatives investment group aims to raise $1 billion to invest in housing, financial services, education and …
Photo credit: Greenwood.
racial-equity | May 12, 2022
Greenwood acquires The Gathering Spot to build a community for minority professionals
ImpactAlpha, May 12 — Atlanta-based neobank Greenwood has raised $43 million on the promise that it can deliver better banking services for Black …
Photo credit: JPMorgan.
Return on Inclusion | May 11, 2022
LISC raises $100 million to expand Entrepreneurs of Color Loan Fund
ImpactAlpha, May 11 — The Entrepreneurs of Color Loan Fund will buy loans off the books of community lenders to free up their …
Photo credit: Chris Shinn/Spelman College.
The Reconstruction | June 1, 2021
Base10 will donate half its profits in a new $250 million fund to historically Black colleges and universities
ImpactAlpha, June 1 — Limited partners in the Black-led San Francisco venture firm’s Advancement Initiative fund include Howard University, Florida A&M, Hampton University, …
community-development | November 13, 2019
Leveraged buyout funds help businesses convert to worker-ownership
ImpactAlpha, Nov. 13 – The widening wealth gap has sparked interest in worker ownership models that can build individual and community wealth. Across …