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Investing for Positive Social, Economic and Environmental Impacts

Investing for Positive Social, Economic and Environmental Impacts

Valerie Nguyen · Oct 5, 2022 ·

HAN member University of Maryland Medical System (UMMS) announced that it is committing a portion of its investment portfolio to companies and funds that address economic development, food insecurity and other disparities in the communities it serves. UMMS is starting with $14 million for 11 equity and fixed income investments that represent mission-driven Community Development Financial Institutions (CDFIs) and private equity firms.

The investees have a strong presence in the state of Maryland and employ a diverse workforce with 75% either Black-led or Black and woman-led.

read the patch.com article

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