Citigroup Launches $150 Million Impact-Investing Fund

Date : 01/17/2020 @ 2:59PM
Source : Dow Jones News
Stock : Citigroup Inc (C)
Quote : 63.46  -0.99 (-1.54%) @ 10:21PM
After Hours
Last Trade
Last $ 64.55 ▲ 1.09 (1.72%)

Citigroup Launches $150 Million Impact-Investing Fund

Citigroup (NYSE:C)
Historical Stock Chart

2 Months : From Dec 2019 to Feb 2020

Click Here for more Citigroup Charts.

By Colin Kellaher


Citigroup Inc. (C) on Friday said it has launched a $150 million fund that will invest in private-sector companies that have a positive impact on society.

The New York banking giant said the Citi Impact Fund, which it has launched using its own capital, will actively seek to invest in businesses that are led or owned by women and minority entrepreneurs.

Citi said the fund will invest up to $10 million in "double-bottom-line" companies, or those who are measured by both their financial and social results.

The fund, which Citigroup said complements its environmental, social and governance initiatives, will invest in U.S.-based companies that are working to address the societal challenges of workforce development, financial capability, physical and social infrastructure, and sustainability.


Write to Colin Kellaher at


(END) Dow Jones Newswires

January 17, 2020 09:44 ET (14:44 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Latest C Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.