Dealflow | December 21, 2020

Living Cities backs Black-led investment firm Jacmel Growth Partners

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, December 21 – Brooklyn-based Jacmel Growth Partners was founded by Haitian-American Nick Jean-Baptiste, a former Wall Street banker, to support mid-size, family owned businesses. It has invested $45 million in five companies. One of them is EquityMetrix, a provider of software to the oil and gas industry.

Living Cities invested via its Blended Catalyst Fund, citing the potential of Jacmel’s model to “create more equitable outcomes and close wealth gaps.”