Capital at a Crossroads: Redirecting Capital to Accelerate Racial Equity

Since the events of 2020, our nation has arrived at a crossroads. To create a more equitable future for all Americans, our nation must address our history ridden with racial inequities that have unleveled the playing field. In finance, investors across all asset classes are grappling with their role in shaping this narrative and prioritizing economic empowerment for people of color.

This paper offers a synopsis of the evolution from community development and ESG investing to the emergence of investing explicitly with a racial equity lens, proposes a definition for racial equity investing, and presents emerging opportunities across asset classes for investors. This report is supported by the Nathan Cummings Foundation & Trillium Asset Management.