Showing 1 results for:

Peachtree Minority Venture Fund

by Topic

All results

Emory University's Business School Launches The Only Student-Led VC Fund Focused On Minority Entrepreneurs

Emory University is taking things to the next level with the first student-run venture capital (VC) fund. The Peachtree Minority Venture Fund (PMVF) was launched at The Roberto C. Goizueta Center for Entrepreneurship and Innovation at Emory University’s Goizueta Business School (GBS) to support Black, LatinX, and Native American entrepreneurs. This is the first VC fund to have a focus that is strictly dedicated to underrepresented minority founders and will be funded by the Goizueta Business School endowment. Currently, the fund has $1 million in assets that are currently under management, and students are responsible for souring companies, conducting due diligence and making investment recommendations to the Peachtree Investment Committee. The committee — made up of GBS faculty, staff and alumni — utilizes an “evergreen” structure, which means that they recycle all proceeds to be used for reinvestment. “Peachtree Minority Venture Fund will invest in companies that have at least one...

Oct 8, 2021