LISC's Black Economic Development Fund Reaches $175M With $50M Investment From PayPal, $12.5M From HubSpot
December 18, 2020
December 18, 2020
NEW YORK, Dec. 18 -- The Local Initiatives Support Corp. issued the following news release on Dec. 17:
The Local Initiatives Support Corporation (LISC) today announced a $175 million close of investments into its Black Economic Development Fund following two recent investments. PayPal Holdings, Inc. (NASDAQ: PYPL), invested $50 million into the fund becoming the fund's largest single investment to date. PayPal's investment is part of the company's previously announced $530 million c . . .
The Local Initiatives Support Corporation (LISC) today announced a $175 million close of investments into its Black Economic Development Fund following two recent investments. PayPal Holdings, Inc. (NASDAQ: PYPL), invested $50 million into the fund becoming the fund's largest single investment to date. PayPal's investment is part of the company's previously announced $530 million c . . .