THE BLACK ECONOMIC DEVELOPMENT FUND
The Black Economic Development (BEDF) is an investment fund that employs an innovative treasury impact strategy. The primary objective is to invest in Black-led financial institutions, community centers, anchor organizations, and support business transactions to strengthen the Black community. The BEDF is industry agnostic and is open to deploying capital across a diverse set of borrowers and geographies in the US. The BEDF also seeks to combine a variety of products and investment durations aiming to provide the best risk-adjusted performance for clients.
The BEDF fund targets Black-led organizations, businesses, real estate developers, banks & institutions.
Minimum loan size of $1 Million
Enabling development and/or preservation of rental housing; for-sale housing; community facilities; commercial & mixed-use projects.
Small and medium enterprises.
Collateral and guarantees required.
Agnostic (do not harm clause)