Living Cities Partners with Known to Operate $100 Million Fund of Funds

YAHOO FINANCE –

The Fund Aims to Increase People of Color-Led Business Ownership and Close Wealth Gaps. Known to house both the Living Cities Catalyst III fund and the team who powers it.

NEW YORKMay 22, 2023 /PRNewswire/ —Living Cities announced its new partnership with Known, a finance and asset management firm, to house its  $100 million  Catalyst Fund III, an investment vehicle designed to confront and address underinvestment in Black, Indigenous, People of Color (BIPOC) communities. 

“We’re thrilled to provide a new home for the operation and growth of this storied franchise of funds, and we look forward to a thriving partnership with our friends at Living Cities. This values-aligned endeavor is a case study in partnership for scale and growth, and true cross-sector collaboration at its best,” said Jim Casselberry, CEO of Known Holdings. 

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31 Hudson Yards, 11th Foor
New York, NY 10001

31 Hudson Yards, 11th Foor
New York, NY 10001

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