Social Capital Partners launches new fund to combat rising wealth inequality and increase business ownership

Author Shannon VanRaes
Demonstration project aims to launch larger discussion about how asset ownership fits into the impact investing landscape

Why It Matters

Capital acquisition is a significant barrier for many equity deserving groups. Lowering barriers and investing in employee acquisitions can help address the roots of wealth inequality by expanding business ownership.

var TRINITY_TTS_WP_CONFIG = {"cleanText":"Social Capital Partners launches new fund to combat rising wealth inequality and increase business ownership. Social Capital Partners (SCP) has launched a new fund to combat rising wealth inequality and business ownership concentration.\u00a0 Modest in size, but ambitious in scope, The Ownership Fund will invest $2 million on behalf of SCP\u2019s partners using an \u201cownership lens\u201d to increase economic opportunity for people facing systemic barriers. Its end goal is to create sustainable asset ownership for those who wouldn\u2019t otherwise have access to capital. The newly announced fund has already made investments in eight organizations, including Indiegraf, Apis & Heritage Capital Partners and Blackstar Stability. It hopes to invest in a tota

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