Why does Fulcrum focus on minority-owned firms and under-served urban communities?
There are two key reasons why Fulcrum focuses on investing in minority-owned firms and the related under-served urban communities. Since its establishment in 1977, Fulcrum has had a social mission of investing in minority-owned and operated businesses to provide economic opportunity to underserved communities in America. Additionally, the changing demographics of America have led to a large market opportunity for private equity funds to work with minority businesses and Fulcrums historical involvement with these communities provides it with a distinct advantage in investing with these businesses. By investing in under-served urban communities, in addition to supporting minority businesses, Fulcrum furthers its social mission by creating jobs for its target communities as well as taking advantage of the opportunities in this under-developed sector of the economy. What industries does Fulcrum focus on? Fulcrum focuses on commercial and consumer service companies, light manufacturers, and
