Institutional Investor
According to a recent report from Bain & Company, a management consulting firm, 50 percent of all net new small businesses created in the U.S. from 2007 to 2017 were Latinx-owned. Yet during the same period, only 1 percent of the investments from the top 25 venture capital and private equity firms were in Latinx-owned businesses.
“Clearly there’s a big opportunity there: Latino-owned businesses are growing faster, according to our data, than white-owned businesses, and they have better risk profiles,” Tevia Segovia, a partner at Bain and an author of the report, told Institutional Investor.