Fort Greene Partners Announces Intent To Raise $500 Million Dollar To Invest In Americas Emerging Markets.
FGP Companies (FGP) is raising $500 of equity to acquire and grow scalable diversity-driven companies with strong management teams. FGP is targeting businesses serving fast growing ethnic markets; businesses owned by ethnic minorities and businesses geographically located near ethnic minorities. FGP refers to these target markets as “American Emerging Markets” which represent a very attractive investment opportunity due to capital inefficiencies, shifting demographics and increased focus on supplier diversity by Fortune 500 companies.
“We intend on working with Fortune 500 companies to identify and invest in prove minority-owned suppliers that need capital to scale and service their blue-chip clients,” said Richard Wayner, Managing Partner at FGP.