Impact America Fund II

Date: 2020

Asset Class: Venture Capital

Description:  Impact America Fund makes early-stage investments in tech-driven businesses that create new frameworks of ownership and opportunity within marginalized communities. They also help founders get traction with institutional investors, who often don’t have the expertise or lived experience in these communities to appreciate the huge opportunities at hand.

Why We Invest: Structural racism has led to a persistent wealth gap. The Impact America Fund founded and led by Kesha Cash, a dynamic and experienced black female investor, aims to bridge the financial and cultural divides that have kept low- and moderate-income people of color on the sidelines of the modern economy. Only 1.3% of assets are managed by black and/or female owned organizations.