| The creation of wealth has been identified as a critical factor in improving the lives of people of
color in the United States. Creating wealth starts with building well-conceived businesses with sufficient capital and talented
management. At the core of this process is the success of minority entrepreneurs. As a group, entrepreneurs of color are
relatively new to the deal making process, unlike their majority counterparts who enjoy a very cohesive, albeit informal
deal formation and financing process that has evolved over many years. A focused, concerted effort is required to increase
the success of these businesses in order to achieve growth and ultimately create wealth. |
| A partnership among The Executive Leadership Council (ELC), the National Association of Investment Companies (NAIC), and New America Alliance (NAA), The Marathon Club is focused on increasing the availability and investment of private equity
capital into enterprises that have significant minority ownership and management participation. In support of this objective, The
Marathon Club provides education, professional development and networking opportunities to motivated individuals designed to
increase the supply of high quality deals and the number of institutional deal financings within the Emerging Domestic Market
(EDM). Additionally, The Marathon Club works with other organizations to develop research and public policies that will increase the
success of minority business enterprises. |
| This initiative is inclusive of all people involved in or supportive of successful business formation
and growth for people of color. |