Northwestern Mutual Increases its Impact Investing Fund to $175 Million to Support Racial Equity Initiatives

Additional investment provides access to capital and sustainable neighborhoods across the country

Company is encouraging actionable plans and measurable change by hosting hundreds of business leaders, academics and industry experts at first-ever Gather Against the Gap event

MILWAUKEE, Oct. 26, 2023 /PRNewswire/ -- Today, Northwestern Mutual, a leading financial services company, announced its continued commitment to lessen the racial wealth gap by adding $75 million to its existing Impact Investing Fund – bringing the total to $175M. The fund, which was established in 2021, places investments nationally and in Milwaukee with a focus on business growth and physical and social infrastructure. The capital helps businesses and entrepreneurs continue to grow and create positive economic momentum within local communities, while also generating a positive financial return for the company`s policyowners...
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