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High Street Equity Partners' $15M Fund Looks To Close Equity Gap In Venture Capital

The growing number of Black and brown businesses in the United States goes hand-in-hand with the widening racial equity gap in the venture capital world. To combat this, Mitch Brooks and Tristan Wilkerson — general partners of High Street Equity Partners — are using their impact and expertise to close that gap for founders of underrepresented businesses across the country. According to theGrio, the duo has established a $15 million fund under the guise of principle and purpose to support businesses who have potential to thrive amid the pandemic. Brooks tells the outlet, “I just felt really moved to do something in the formal investment vehicle and I spoke to Tristan about that and we started to do our due diligence and here we are today.” theGrio shares that Brooks and Wilkerson — both long-time friends and angel investors in Black-owned businesses — named their fund after a historic street in Little Rock, AR to pay homage to what was once the center of business and innovation where...

Njera Perkins

Apr 28, 2021