Better Money Better World

#33 | Citi Impact Fund: For-profit, For-purpose Venture Scaleable Businesses

Episode Summary

Jeff Meyers is a lifelong Citi banker and founding member of Citi’s $200 million Citi Impact Fund, investing in for profit, for purpose venture scaleable businesses driving impact. Jeff’s volunteer role with StreetWise Partners, a NYC-based nonprofit – bringing job skills to the unemployed – served as the impetus to bring impact into his role at Citi. The Fund invests in four areas: Environment/Sustainability, Financial Inclusion, Physical and Social Infrastructure and Workforce Development from Series A and B to pre-IPO. Citi also allocated $50M to investments in black founders.