Longest Running Black-Owned Banking Firm Wants to Add Black Businesses to Clients' Portfolios
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Longest Running Black-Owned Banking Firm Wants to Add Black Businesses to Clients' Portfolios

In the wake of the global pandemic, Black and brown businesses have become top-of-mind priorities for many companies looking to give back and show their support during this time.

According to a press release, Blaylock Van, LLC is the longest continuously operating Black-owned investment banking firm in the country. It has prioritized diversity within the company and now pivoted its efforts to focus on helping investment managers, pension funds, clients, and others interested in diversifying their portfolios.

The investment banking firm announced that it is aiming to focus its inclusion efforts on Black and women-owned firms in a press release.

“More and more clients are reaching out in need of thoughtful solutions for their businesses and funds going forward,” said CEO and president of Blaylock Van, Eric Standifer. “Fortunately, we are well-positioned to help firms and governments affected by the pandemic as well as those seeking to solidify their inclusion of African-American diversity firms.

He added: “Our client base ranges from investment managers to municipalities, and from pension funds to family offices, and our highly qualified team delivers expertise in supporting diverse growth opportunities. We also have a team of professionals with experience in advising CDFIs and MDIs, helping these institutions leverage their capital in efficient ways to address affordable housing programs and lending to communities of color.”

According to Black Business, Blaylock Van offers advanced capabilities for diversity and inclusion efforts for investors and issuers.

Since the pandemic hit — many businesses, municipal budgets, and investment portfolios — hard over the last few months, these services are helpful to those looking to get back on their feet.

Additionally, the firm’s diversity initiatives have also extended to the many interns they’ve trained over the years through the CORO Foundation, which builds up “ethical, diverse civic leaders with the aim of creating a wealth of strong and diverse leaders across industries,” according to the press release.

For more information on Blaylock Van, LLC, and its ventures, click here.