Living Cities Blended Catalyst Fund 2023 Annual Report

Living Cities Blended Catalyst Fund 2023 Annual Report

Living Cities BLENDED CATALYST FUND 2022 Report

This report summarizes the eighth year of operations for Living Cities Blended Catalyst Fund’s (“BCF” or
the “Fund”) activities, from July 1, 2022, through June 30, 2023 (FY23).

We thank you for your support and are excited to explore and share lessons learned as our portfolio
continues to mature. The BCF portfolio is a collection of investments that work to test innovative investment
approaches to address the racial wealth gap, shift power within capital systems, and achieve better
outcomes for all people in U.S. cities. The latter half of the BCF investments focus on seeking to close racial
wealth gaps, specifically by lending to organizations and intermediaries that are:

  1. Managed and/or owned by people of color,
  2. Finding alternative ways to create income and wealth-building opportunities for people of color, primarily by providing increased access to capital, or
  3. Building the ecosystem for entrepreneurs and fund managers of color.

Additionally, the Living Cities Catalyst Funds were named to the ImpactAssets 50 (IA50), an impact
investing list featuring fund managers that deliver social, environmental, and financial returns, for the twelfth
consecutive year in March 2023. The IA50 is the most recognized free database of impact investment fund
managers. Living Cities has been included in the IA50 every year since its inception.

Facebook
Twitter
LinkedIn
Email

More Resources

Beyond 5: Business Survivability Study for New Majority Entrepreneurs

Beyond 5 is a Business Survivability Study for New Majority Entrepreneurs produced by 1863 Ventures with funding from Living Cities, Surdna Foundation, Wells Fargo, M&T Bank, Capital One and Georgetown University. The 1863 Ventures team found that Black and brown businesses survive at least 8.5 years, compared to the median of six years. What would it take to support BIPOC …

Takeaways from Our Discussion about Equitable Small Business Opportunity and Good Jobs Tied to Infrastructure and Climate Investments

Promoting business opportunities for all, while creating good jobs and developing shovel worthy infrastructure and climate action projects, is not a pipe dream. And yet our traditional ways of operating won’t get us there. Simple spending more, rather than smarter and more fairly, won’t be enough. Business as usual is neither inclusive, protective or coordinated enough, and it often lacks …

Living Cities, Urban Institute Research Report: A Landscape Scan of Homeownership for Households of Color

Homeownership has been a primary wealth-building opportunity in the U.S., and can impact a family’s economic outcomes across generations. Living Cities partnered with the Urban Institute to provide data for the six cohort cities, the five states where these cohort cities are located, and nationally around homeownership for households of color. The research report, “A Landscape Scan of Homeownership for …

Living Cities Blended Catalyst Fund 2022 Annual Report

This report summarizes Living Cities Blended Catalyst Fund’s (“BCF” or the “Fund”) activities during its seventh year of operations, from July 1, 2021, through June 30, 2022 (FY22). The BCF portfolio is a collection of investments that work to test innovative investment approaches to address the racial wealth gap, shift power within capital systems, and achieve better outcomes for all …

Get Updates

We want to stay in touch with you! Sign up for our email list to receive updates on the progress we’re making with our network of partners, as well as helpful resources and blog posts.

Name