The firm and Omidyar Network announce anchor investment in Brazil impact investing fund

Mar 18, 2015

JPMorgan Chase & Co. and Omidyar Network, a philanthropic investment firm, recently announced a $10 million combined investment in FIRST, a private equity fund focused on serving the needs of low-income and underserved populations in Brazil. The fund will make investments in high-growth companies in sectors providing essential products and services to low-income Brazilian households, such as education, healthcare, housing and financial services.

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