Northwestern Mutual boosts Impact Investing Fund by $75 Million
Northwestern Mutual is contributing another $75 million to its Impact Investment Fund.
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Northwestern Mutual is contributing another $75 million to its Impact Investment Fund.
Northwestern Mutual chairman and CEO John Schlifske absolutely sees the value of his involvement as he chairs the company’s Sustained Action for Racial Equity Task Force.
While the Northwest Side Community Development Corp. and Legacy Redevelopment Corp. plan to eventually grow the Edward Bryant Fund to $15 million, an initial $5 million loan from Northwestern Mutual will allow the two organizations to begin making additional investments in the community.
Northwestern Mutual is investing a total of $5 million in Legacy Redevelopment Corp. and Northwest Side Community Development Corp., two Milwaukee-based community development financial institutions.