Altura Capital has rounded up $110m so far for two new impact investment funds focused on companies with diverse leadership in U.S. communities less trafficked by private-equity firms, according to people familiar with the effort.
The capital raised so far puts the firm a little more than a third of the way toward the $300m total it aims to collect for the funds, the people said.
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The firm seeks $300 million to invest in smaller companies, particularly ones led by women and people of color in underserved U.S. communities.
Source: Wall Street Journal
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