This is where Kesha Cash’s Impact America Fund II (IAF), a $55 million venture capital fund, the largest amount ever raised by a Black solo female fund manager, is poised to disrupt the traditionally vanilla-laced investor sector. The Breakdown You Need To Know:With impact investing on the rise lots of capital has poured into social impact venture capital funds and businesses. Currently, Black employees only make up about 3% of the total venture capital workforce, with hispanic or latino VCs making up 4%. The lack of diversity within venture capital is something Richard Kerby has been trying to figure out. Colorful Capital: Social impact companies need investors with expertise in developing and establishing a viable business model, basic operations, along with a solid capital structure.

Source: Forbes November 05, 2020 13:18 UTC