Minority controlled Fund Management and Entrepreneurship

Investing in minority controlled  fund managers and minority start up or growth business entrepreneurs

email @ julian@billiondollarfundforminorities.com

    About The Billion Dollar Fund for Minorities initiative

    Supporting Minority GPs raise $1 Billion

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    • Supporting minority GP's (Blacks, Latinos, Native Americans, Indians and Asians) with increasing their exposure and access to raising capital.
    • Impact investing needs to start with widening the net of minority and women controlled fund managers, who in turn have a unique perspective and lense on investing in minority controlled entrepreneurs.
    • With their fiduciary responsibilities in check, together we can increase the access to risk capital for minority controlled businesses (debt or equity).
    • Become a leading pillar in impact investing and equality in the Venture Capital space through advocacy and awareness campaigns for minority VC's. 
    • Women make up 2.6% of fund managers, and 2.2% of VC dollars go to women entrepreneurs.
    • Minority statistics are even more dire, of the $85 Billion in VC in 2018, under 1.1% is controlled by minority fund managers. And worse still less than .5% of VC dollars are going to minority entrepreneurs even though they support over 4 million jobs.

    Invest entire $1 Billion in Minority controlled start up and growth businesses

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    • Unique focus on supporting minority controlled businesses and entrepreneurs increase their access to risk capital.
    • The Association for Enterprise Opportunity have found that African-American women are 300% more likely to launch a new business than a white person, and Latinas are 180% more likely – but both groups are also 5-times more likely to be denied the funding they need
    • All levels of financing for start ups, and growth firms. Support minority operating businesses in understanding different VC financing options. 
    • Minority businesses make up almost 15 percent of the 28 million small businesses and employ 5.9 million workers in the United States.
    • Minority-owned businesses account for close to $600 billion in revenues annually.
    • According to the Small Business Administration, the rate of minority-owned business was 14.6% in 2012 compared with 11.5% in 2007.
    • According to the Federal Reserve, minority business owners pay interest rates on average 32 percent higher than what their white counterparts pay.
    • Often these businesses are located in economically depressed areas of the US.  With potential to leverage Opportunity Zone incentives going forward (if a qualified investment)

    $1 Billion USD target by 2022 for Minority Controlled Funds - Committed to Equality and Venture Capital diversity

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    1.  Goal of the initiative is to raise awareness and to drive LP's to invest in minority controlled GP's. (Blacks, Latinos, Native Americans, Indians and Asians) within the US.
    2. Target of the initiatives is $1 Billion by 2022 for forward investing in minority owned operating businesses.
    3.  In 2016, the Center for Global Policy Solutions reported that due to discriminatory financing practices, America is losing out on over 1.1 million minority-owned businesses, and as a result, foregoing over 9 million potential jobs and $300 billion in collective national income.  Less than 1% of American venture capital-backed founders are black and the percentage of Black's in decision making roles within Venture Capital isn't much better.
    4. Working with LP's who have an ESG, SDG and Impact Investing mandate and focus to drive equality, job creation and prosperity.

    Sections

    Fund Managers

    For a minority owned and managed fund seeking new investors.

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    Entrepreneurs

    For a minority owned fund management and start up or growth firm entrepreneurs.

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    The $1B Target by 2022

    Why a target and what does the target mean?

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    Our Team

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    Julian Wood - Founder

     Julian has a distinguished 25-year investment professional track record across five continents and in 20 developed and emerging markets. He has led in all aspects of capital raising, deal flow, due diligence, fund construction/management and strategy development and has advised and supported investments over $200m in growth stage companies. Julian has a unique and diverse background gained in investment banking, airline, financial services and hospitality industries. Established networks with leading Foundations, Family offices, Institutional Investors and DFI's having supported and raised over $300m.
    He has been a pioneer and a thought leader in impact, ESG and SDG investing and innovative business and customer service models, catalyzing long-term economic growth, job creation and entrepreneurship. 

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    Investment Zones

    • Seasoned Investment fund manager with over 25 years experience
    • Experience investing in Emerging, Frontier and Low income communities

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    Indicators and Impact Measuring

    Diversity and impact investor measurement experts

    DISCLAIMER

     

    The Billion Dollar Fund for Minorities (“BDFM”) is a campaign initiated by the Consortium for Minorities. BDFM is not a venture fund, an investment bank, a broker dealer, investment clearing-house, or an investment advisor, but rather a forum in which investors may be educated on aspects of investment and business, as well as introduced to companies for possible investment, in particular, those led by minorities. Each member of BDFM is responsible for their personal or their own investment decisions, and BDFM is not recommending any particular company or financial product for investment. Participating funds will be highlighted to various institutional and other investors and managers but are not guaranteed allocations from any specific fund.  It is expressly understood and agreed that nothing herein shall be construed to prevent or prohibit the Founders of BDFM to hold interest directly or indirectly in featured funds and associated companies. Information is obtained from participant funds, believed to be reliable, but is in no way guaranteed by BDFM. No guarantee of any kind is implied or possible where projections of future conditions are attempted.

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    Our Partners, Strategic Networks and Advocacy Agencies

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    Contact Us

    2440 Broadway, New York, New York, 10024

    Billion Dollar Fund for Minorities

    New York, New York 10024, United States

    email @ julian@billiondollarfundforminorities.com Phone 347 821 0108

    Hours

    Monday - Friday: 10am - 5pm

    Saturday: By appointment

    Sunday: Closed

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