McKinsey Releases Guide to Impact Investing in Black Economic Mobility
A new guide by McKinsey Institute explains how impact investing can help improve Black economic mobility by creating access to capital.
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ABOUT BEDF
The Black Economic Development Fund (BEDF) is an impact investment fund addressing economic challenges in Black and underinvested communities to close the racial wealth gap. The fund targets Black-led financial institutions, Black-led businesses, Black-led anchor institutions, and other mission-focused entities with the goal of growing these organizations and strengthening their contributions to underinvested communities. The fund's deployment strategy is industry agnostic and will deploy capital across a diverse set of borrowers and geographies in the US.
BEDF Inquiry Contact
THE BLACK ECONOMIC DEVELOPMENT
FUND TARGETS:
BEDF Borrowers
Black Economic Development Fund
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Modular Housing Development Outside Detroit
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BEDF Highlight: Willow Brook Animal Hospital
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Increasing Infrastructure Contractor Diversity: The Cayemitte Group and BEDF
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BEDF Highlight: Dante's Partners
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BEDF In the News
IN THE NEWS
