Demetric is a thought-leader in the domestic impact investing field, accelerating the adoption of innovative financing for the benefit of BIPOC and low-income people and the communities in which they live. Before joining Known, Demetric was Managing Director at Living Cities where he oversaw a strategic capital portfolio centered on developing and deploying innovative investment vehicles to support the new majority population of this country, with a focus on closing racial income and wealth gaps. He also has led various Living Cities programmatic priorities, including the Integration Initiative, Shared Prosperity Partnership (SP2), and the Catalyst family of funds.
Prior to joining Living Cities, Demetric was Senior Vice President of Business Innovation and Resource Development for TruFund Financial Services, a CDFI based in New York City. At TruFund, he directed national business growth strategy, developed and oversaw strategic partnerships, and elaborated new lending programs and product opportunities.
Prior to TruFund, he was Vice President for Capital Access Programs at Carver Federal Savings Bank where he developed industry-leading M/W/BE capital access programs; Vice President of Community Development at Bank of America where he worked closely with nonprofit and government entities to promote economic and community development in underserved neighborhoods; and Vice President and Global Relationship Manager in Multinational Lending at BankBoston where he managed a $2 billion portfolio spanning 16 countries. He began his finance career as a Senior Credit Analyst at PNC Bank.
Demetric holds a bachelor’s degree from Furman University and an IMBA from the University of South Carolina.