TPP Capital Holdings Launches $20M Urban Agriculture and Food Investment Fund
02/16/21, 6:47 PM
Location
philadelphiaMoney raised
$20 million
TPP Capital Holdings (TPP), a Philadelphia based, Black-led social impact private equity fund manager and urban healthcare and real estate development firm dedicated to improving the health of residents in Black and Brown neighborhoods through improved access to healthy food, has announced the launch of an Urban Agriculture and Food Investment Fund of $20 million. The purpose of the fund is to make direct place-based private equity investments in agribusiness, agriculture, indoor vertical farms/greenhouses, farmland development, health-focused food and beverage enterprises with Black and Brown ownership located in federally qualified opportunity zones throughout the country in order to reduce health disparities and the disparate burdens of chronic medical conditions exposed by COVID-19 that disproportionately impact Black and Brown Americans.
Company Info
Location
philadelphia, pennsylvania, united states
Additional Info
Investors can get involved in the Fund, learn more about each investment’s associated social, environmental, and economic impacts, opportunity zone investment structure; and relevant investor two-tier tax benefit under the opportunity zone program during TPP’s upcoming Making Money, Doing Social Good™ webinar series on February 25, 2021, from 1:00 to 2:15PM and March 11, 2021 from 2:00 – 3:15PM. Registration for the event can be found here: Making Money, Doing Social Good | Urban Agriculture & Food (constantcontact.com)