Edward Dugger III

As a founding partner and President of Reinventure Capital, an early growth impact venture capital fund, my professional career has come full circle. An early pioneer in impact investing, I have now re-entered the profession with over 20 years of experience and a track record of notable achievements. My VC career began at age 25 and accelerated at age 27 when I became CEO of one of the larger venture capital firms in the nation, backed and mentored by such board directors as the CEO of Morgan Stanley and the Chairman of the Executive Committee of JP Morgan. As one of the earliest impact VC funds, we invested in growth industries to consciously expand business opportunities for entrepreneurs of color. In the process, we provided the footings for over $2 billion of senior financing to this underserved market, generated more in accumulated wealth and forged a pathway for future impact investors. Although my investment practice was national, I leveraged my successes as a VC to build bridges among disparate local business communities. As a director of the Federal Reserve Bank of Boston, I co-convened with the Bank several business leadership forums advocating more inclusive business practices. Expanding the effort after harvesting the venture funds, I partnered with the CEO of State Street Corporation to form The Business Collaborative (TBC), a unique business community initiative that created a more robust B2B market among major corporations and businesses of color in Massachusetts. Now I am responding to our nation's current challenges, stemming from persistent social and economic inequities, by forming Reinventure Capital. Once again I am targeting the vast, untapped reservoir of innovative, entrepreneurial talent, comprised of those of color and women consistently overlooked by the mainstream investment community. In so doing, I am pursuing a contrarian investment strategy that will provide an impact rich return on capital AND inclusion.