black investment
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Private Equity Investor Frank Baker Pays Off Tuition Debt for 2020 Spelman College Graduates
Frank Baker, an African-American investor who heads the billion-dollar private equity firm Siris, has paid off the remaining tuition balances for the 2020 class of graduates at Spelman College and established a $1 million scholarship to help future graduates of the all-woman HBCU. The businessman covered the debt for nearly 50 students graduating from Spelman…
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The Marathon Continues: T.I., Charlamagne Tha God Visit Capitol Hill to Discuss Nipsey Hussle-Backed Plan to Put Money Into Black Communities
Shortly before he was gunned down in front of the clothing store he owned in South Los Angeles in March, rapper, activist and entrepreneur Nipsey Hussle had plans to meet with lawmakers to discuss an idea he had to help funnel investment dollars to his native South L.A. as well as other distressed black communities…