PRESS RELEASE –
New York, June 16, 2022 — Known Holdings, a growth platform for BIPOC-owned (Black, Indigenous and people of color) asset management firms and funds, is partnering with Color Farm Media to screen The Big Payback at the Apollo Theater in Harlem on June 19, from 5 pm to 10 pm. Screening of the film, about a community’s struggle to establish reparations in the U.S., is sponsored by Known because of its commitment to provide wealth-building opportunities for BIPOC communities.
Known Holdings is proud to work with Color Farm Media to provide this free and open to the public screening. Known, co-founded by Jim Casselberry, Valerie Red-Horse Mohl, Nathalie Molina Niño and Ushir Shah, works to scale BIPOC ownership in the financial industry, where wealth is created and allocated, to support the new BIPOC majority.
The Big Payback is a true story about the journey of a Black woman, Robin Rue Simmons, and her fight in Evanston, IL to pass the first tax-funded reparations bill for Black citizens. The film also highlights Congresswoman Sheila Jackson Lee’s continued push to pass national reparations legislation US House Resolution (H.R. 40) in Congress. Co-directed by Erika Alexander (actress, Living Single and producer of John Lewis: Good Trouble) and Whitney Dow, the film premiered at this year’s Tribeca Film festival, with Joy-Ann Reid as one of its executive producers.
“We are so excited to support the first public screening of such an important film. The filmmakers take the audience on a powerful journey exploring race and identity, the legislative process, and the much-needed conversation about reparations,” said Jim Casselberry. “We launched Known to close the racial wealth gap and to address the structural barriers facing BIPOC entrepreneurs and investors: barriers that inform the struggle for reparations.”
The free public screening will be followed by a talk-back moderated by former Bronx Assemblyman, Michael Blake with Erika Alexander (co-director, producer), Whitney Dow (co-director), Robin Rue Simmons (the former Alderwoman of Evanston), and Dino Robinson in a conversation about the policy and politics of introducing reparations for slavery to African Americans on the local and national level.
About Known Holdings
Known Holdings exists to power and sustain the increase of ownership by the New Majority. It is a financial platform driving the growth of asset allocators, fund managers, and entrepreneurs from Black, Indigenous, Latinx, and other prioritized communities. Known provides critical growth mechanisms that include investment, advisory, and shared services, such as back-office functions to support scalability, as well as business development, and marketing. Known also works with select family offices and asset allocators committed to a global transition towards sustainability and fair distributions of wealth to strategically manage their assets.