FVLCRUM Partners, a buyout firm focused on addressing the racial wealth gap in the US, has announced the final closing of its fund, FVLCRUM Fund LP. The fund has raised over $302m in commitments, surpassing its target of $250m. FVLCRUM will use the funds to make control equity investments in diverse companies with growth potential in sectors such as government contracting, healthcare, and technology-enabled business services. The firm aims to generate sustainable opportunities for underserved communities while delivering investment returns.
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