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NAACP launches $200 million fund of funds
The NAACP announced today NAACP Capital, a $200 million fund of funds to back fund managers focused on issues that impact people of color. The fund
It’s a popular way for an influential investor to put their money to the broadest possible use. Kapor is a VC firm that has always been focused on racial justice investing. Melinda Gates’ Pivotal Ventures, for instance, invests in women-led funds, as well as directly in startups.
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