Investment Manager Aims to Close Racial Wealth Gap

1 min read
Source: CNBC
Investment Manager Aims to Close Racial Wealth Gap
Photo: CNBC
TL;DR Summary

Investment manager Jim Casselberry, co-founder of Known, is using his four decades of investing experience to help bridge the racial wealth gap for people of color and the Indigenous population. Casselberry believes that the real solution to the problem lies in the capital markets, where the real money is found and managed, but where more than 98% of funds under management are controlled by old majority white firms. Known is a finance and asset management firm that works with founders, family offices, and large asset owners who value competitive returns as well as powerful long-term racial, social, and climate impact.

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