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Darryl Finkton Jr. closes $200M to go from asset management to poverty eradication

17 days ago   |   By Tech Crunch

Darryl Finkton Jr. is a man on a mission.
He believes there's enough money in the world to help put an end to poverty. But only if it's distributed differently than it is today.
Earlier this year, the investor left a career in asset management to launch a $1 billion venture fund aimed at eradicating poverty. It's an ambitious goal, but Finkton Jr. has a plan. And now he's raised $200 million as an initial close to help execute that plan.
Finkton aims to raise $1 billion with the fund to provide venture capital to entrepreneurs from disadvantaged and underrepresented backgrounds who are...
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