We invested in the inaugural fund for Apis & Heritage Capital Partners (A&H), an impact-focused private equity firm that tackles the nation’s racial wealth gap by using the tools and best practices of employee ownership. A&H buys great small- and medium-sized businesses with significant workforces of color then converts those companies to 100% employee-owned, enabling workers of color with the opportunity to build wealth, communities with the opportunity to preserve jobs, and founding owners with the opportunity to exit responsibly.