CapitalG has promoted three Black leaders. The independent growth fund of Google parent company Alphabet — CapitalG — connects entrepreneurs with portfolio leaders to overcome the hurdles of scaling. “We are CapitalG, Alphabet’s independent growth fund. We invest in companies that have established product market fit and are ready to scale. To date, we have over $3 billion under management supporting businesses including CrowdStrike, Lyft and UiPath,” the company’s website states. As CapitalG looks to broaden its impact, nine leaders, including three diverse hires, have been promoted.