Black Investment Firms – Black Enterprise

Pronghorn Is Putting Its Money Where Its Mouth Is Investing In 19 Black-Owned Businesses Raising $200M In Capital

Derek MajorJune 30, 2023June 30, 2023

by Derek MajorJune 30, 2023June 30, 20231544

Since the company's inception in 2022, Pronghorn has invested in 19 spirit brands, fueling Pronghorn's 10-year plan to invest in 57 Black-owned spirit brands....

Business Entrepreneurship Money News

IMB Partners Announces Double-Digit Return to Investors on First Portfolio Exit

Jeffrey McKinneySeptember 7, 2022September 7, 2022

by Jeffrey McKinneySeptember 7, 2022September 7, 20221100

The firm will gain a return that is 27 times its original investment....

Entrepreneurship

Minority-Owned Investment Firms Lands Big Deal to Redevelop New York’s JFK International Airport

Jeffrey McKinneyJanuary 15, 2020January 15, 2020

by Jeffrey McKinneyJanuary 15, 2020January 15, 20201889

American Triple I, a minority-owned investment firm, has been chosen to work with JetBlue as an equity partner in the new JFK Airport redevelopment project....

Business Entrepreneurship

Robert F. Smith’s Equity Firm Sells 50% Stake in Software Company

Selena HillAugust 12, 2019August 12, 2019

by Selena HillAugust 12, 2019August 12, 20192672

Vista Equity Partners, Robert F. Smith's private equity group, is selling a 50% stake in British software company Advanced to BC Partners....

Entrepreneurship

Real Estate Investment Firm Founder Honored for Major Miami Hotel Deal

Samara LynnAugust 5, 2019August 5, 2019

by Samara LynnAugust 5, 2019August 5, 20192681

Raoul Thomas was honored with 'Deal of the Year' for his involvement in opening Miami's newest upscale hotel - part of the Hilton Curio Collection....

Entrepreneurship