BLACK VOICE NEWS - The BEDF, which launched last summer, is part of LISC’s Project 10X, a $1 billion strategy to address racial gaps in health, wealth, and opportunity. The private investment fund has raised capital from 11 public and private corporations, with McKinsey and Company recently coming in with $15 million.| By S. E. Williams | Black Voice News The Black Economic Development Fund (BEDF), managed by the Local Initiatives Support Corporation (LISC), a nonprofit community development financial institution, has reached its $250 million goal for capital to invest in Black-led banks, anchor institutions, businesses, and real estate developers and is now preparing to roll out […]