We're working together to close the racial wealth gap.
Announcing Empower the Change: a $200M fund dedicated to investing in and supporting minority-owned business enterprises (MBEs).
The mission of the fund is to close the racial wealth gap by investing in entrepreneurs of color that are building the products and services of the future.
MBEs lack the necessary resources to scale successful businesses.
Minority Business Enterprises (MBEs) often lack the personal and family wealth to start a business. The typical white family has about 8 times the wealth of the typical Black family and about 5 times the wealth of the typical Hispanic/Latinx family.
Our solution: An MBE-focused investment fund designed specifically to address these problems.
Our fund aims to:
Provide focused, flexible capital, both debt and equity.
Drive revenue growth to scale MBEs.
Create high-quality jobs and community wealth.
Deliver double-bottom-line results.
While this fund is new, our commitment and history of supporting minority owned businesses is not.
invested in minority-owned businesses
in third party follow-on capital attracted
Advantage Capital Portfolio Highlight
Las Vegas, Nevada
Lauren Anderson of All-In Recruiting runs a small business with a big vision. All-In is a boutique talent agency that is seeking to help minorities and woman enter the tech industry. The company goes far beyond just placing diverse individuals in positions with top tech companies. Each week, All-In's office doubles as a shared workspace, giving anyone interested in tech careers a place to work on career growth and development.
The third party statements in this video are statements ofpersons other than current clients or investors in private funds advised by Advantage Capital, and although Advantage Capital did invest cash funds in All-In Recruiting and Talent Boutique through the NMTC Program, Lauren Anderson, the company's owner/CEO, has not received any direct compensation, whether in cash or non-cash form, for the statements or opinions expressed herein. There are no known material conflicts of interest on the part of any third party making or expressing such statements or opinions resulting from such party's relationship with Advantage Capital or from Advantage Capital’s cash investment in All-InRecruiting and Talent Boutique or participation in any federal or state tax credit program.
Advantage Capital Portfolio Highlight
Trucking Innovation is a Black-owned trucking and hauling, logistics and project management company. Founder Otis Tucker, Jr. started the company as a one-man, one-truck operation in 2013 and is now a local leader in trucking and hauling, with a fleet of 13 trucks and 17 employees. In 2021, Advantage Capital's financing provided the company with the additional working capital necessary to purchase new trucks, expand its operations and create as many as 20 full-time jobs.
The third party statements in this video are statements of persons other than current clients or investors in private funds advised by Advantage Capital, and although Advantage Capital did invest cash funds in Trucking Innovation through the NMTC Program, Otis Tucker, the company's owner/CEO has not received any direct compensation, whether in cash or non-cash form, for the statements or opinions expressed herein. There are no known material conflicts of interest on the part of any third party making or expressing such statements or opinions resulting from such party's relationship with Advantage Capital or from Advantage Capital’s cash investment in Trucking Innovation or participation in any federal or state tax credit program.
Sandra M. Moore
Chief Impact Officer, Advantage Capital
Sandra M. Moore is a managing director and the chief impact officer at Advantage Capital, where she focuses on supporting the growth, development and empowerment of people and the communities where they live. Prior to joining Advantage Capital, Sandra was the president of Urban Strategies, a national nonprofit corporation that works exclusively with for-profit housing developers to rebuild distressed urban core communities.
Chief Investment Officer, Advantage Capital
Scott Murphy is a managing director and the chief investment officer at Advantage Capital, where he oversees the firm's entire portfolio. Scott is an experienced venture capitalist and highly successful entrepreneur with a robust background in public service.
Principal, Advantage Capital
As a principal at Advantage Capital, Brian Anderson is responsible for sourcing, due diligence and valuation analysis of current and prospective investments. Prior to joining Advantage Capital, Brian co-owned and served as lead operator of a south Texas-based trucking company.
Sahra S. Halpern
President, NMSDC Business Consortium Fund
Sahra S. Halpern has created innovative, mission-driven lending programs throughout her career in community development finance. As president of BCF, she is responsible for driving the fund toward greater impact by ecpansing capital reach to business owners of color.
Senior Vice President, Advantage Capital
Josh Rogers is a senior vice president at Advantage Capital, where he is responsible for helping to source investment, perform due diligence, structure transactions and manage portfolio companies. Prior to joining Advantage Capital, Josh was an equity research associate covering mid- and large-cap U.S. banks at ISI Group, now Evercore Partners.
Senior Vice President, Advantage Capital
Kayin Barclay is a senior vice president at Advantage Capital, where he is responsible for sourcing, due diligence, executing transactions and managing portfolio companies. Prior to Advantage Capital, Kayin worked as a senior vice president at Insight Equity where he invested across business services and manufacturing sectors.
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Advantage Capital is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. This document has been prepared for informational purposes. Any offer to sell or solicitation of an offer to purchase any security or investment product (including any interest in any fund or investment vehicle managed directly or indirectly by Advantage Capital) will be made only to qualified prospective investors pursuant to separate and definitive offering and subscription documents in accordance with applicable federal and state securities laws. Only such definitive offering materials may be relied upon in connection with any decision to invest in a fund advised by Advantage Capital, and all such materials, including any material risks associated with the investment as provided therein, should be carefully read in their entirety. Advantage Capital is an equal opportunity provider.
Only investors that qualify as "accredited investors" as defined in Regulation D under the Securities Act of 1933, "qualified purchasers" as defined in the Investment Company Act of 1940, and/or "qualified clients" within the meaning of the Investment Advisers Act of 1940 will be permitted to review offering materials or subscribe for interests in this fund. In order to qualify as an investor in the fund, individuals and institutions must provide certain information and satisfy certain criteria, which is discussed in greater detail in the fund's offering materials and/or related documentation.
The portfolio companies referenced on this site represent a small sample of Advantage Capital's investments that were selected solely to illustrate the firm's experience making similar investments to those within the Fund's investment strategy, including industry sectors and investment instruments. The profitability of any single investment was not a factor in the selection process. Nothing on this site should be an implication or statement that investments previously made by Advantage Capital were or are successful, or that past performance is any indication of future performance. All investment involve risk and unless otherwise states, are not guaranteed.