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Morgan Stanley finances impact-driven, minority-owned investment platform

Susan BarretobySusan Barreto
January 13, 2021
in ESG
Morgan Stanley finances impact-driven, minority-owned investment platform

Lafayette Square Founder Damien Dwin (provided)

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Morgan Stanley has provided $100 million in capital to help the launch of Lafayette Square, an impact-driven and minority-owned investment platform.

Founded by Damien Dwin in 2020, Lafayette Square was built to confront societal challenges with targeted investment strategies that drive measurable change and positive social impact in areas of financial inclusion, housing and jobs. Within financial inclusion, officials plan on making seed and stake investments in diverse investment managers and work with them to scale their business.

Dwin, a Black American businessman, philanthropist and veteran investor, was a co-founder of Brightwood . . .

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Tags: Brightwood Capital AdvisorsLafayette Square
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