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BlackRock Raises Over $800 Million for Impact Fund Investing in US Communities of Color

Investment giant BlackRock announced today it has raised over $800 million for the BlackRock Impact Opportunities Fund, which invests in businesses and projects owned, led by, or serving people of color, with a focus on Black, Latinx and Native American communities in the U.S. BlackRock stated that it targeting $1 billion for the fund.