Investing with Intention
In 2022, we made significant strides in addressing a systemic economic issue: the need to close the racial wealth gap in America.
Our Empower the Change Fund is a target $200MM fund dedicated to investing in and supporting minority-owned business enterprises (MBEs). Partnering with like-minded investors, we are directing capital to entrepreneurs of color who are producing the products and providing the services of the future.
Advantage Capital has raised $64.5 million with 13 limited partners for the Empower the Change Fund.
Neither Real Leaders nor any of its affiliates is a current client of Advantage Capital or any of its affiliates or an investor in any private funds advised by Advantage Capital or any of its affiliates. Although Advantage Capital has paid an annual fee of $10,200 to participate in the Real Leaders Impact Collaborative, Real Leaders has not received any direct compensation, whether in cash or non-cash form, in connection with the Real Leaders Impact Awards. While Real Leaders and Advantage Capital have an existing relationship through Advantage Capital's participation in the Real Leaders Impact Collaborative that could serve as an incentive to consider Advantage Capital for the Real Leaders Impact Awards, Advantage Capital is not aware of any other material conflicts of interest arising from Real Leaders relationship with Advantage Capital or its affiliates.
Advantage Capital is a registered investment adviser with the U.S. Securities and Exchange Commission ("SEC"). Such registration does not imply a certain level of skill or training. This report has been prepared for informational purposes only and nothing herein should be construed as an offer to sell, or as a solicitation of an offer to purchase, an investment interest in any fund advised by Advantage Capital, or, by extension, of any investment advisory services with regard to such interests or any other securities. Any such offer or solicitation will be made only to qualified prospective investors, pursuant to separate and confidential offering and subscription documents and materials, all in accordance with applicable state and federal securities laws to which Advantage Capital and any such offering may be subject. 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 materials risks associated with the investment as provided therein, should be carefully read in their entirety. Advantage Capital is an equal opportunity provider.
The portfolio companies referenced herein 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 a particular fund's investment strategy and/or their community impact under state and federal tax credit programs. The sample includes companies from different industry sectors with a mix of investment instruments, and the profitability of any single investment was not a factor in the selection process. Nothing herein should be interpreted to state or imply that investments previously made by Advantage Capital were or are successful, or that past performance is any indication of future performance. All investments involve risk and unless otherwise states, are not guaranteed. Such risks may include, without limitation, risk of adverse unanticipated market developments, risk of counterparty or issuer default, and risk of illiquidity.
Any reference to third parties in this document is not intended to imply that these entities are endorsing Advantage Capital, nor is Advantage Capital making a representation or warranty as to the level of satisfaction regarding any prior or existing relationship that a third part may have had with Advantage Capital.