ARCHIVES
- January 2024
- March 2023
- February 2023
- November 2022
- August 2022
- July 2022
- June 2022
- February 2022
- January 2022
- December 2021
- November 2021
- September 2021
- August 2021
- June 2021
- May 2021
- April 2021
- March 2021
- September 2020
- May 2020
- December 2019
- November 2019
- August 2019
- July 2019
- April 2019
- December 2018
- November 2018
- September 2018
- August 2018
- July 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- December 2016
- October 2016
- September 2016
- July 2016
- June 2016
- May 2016
- March 2016
- March 2013
Black-owned Private Equity firm East Chop Capital Delivers 328% ROI from its First Sale and Returns $1M to Investors
December 3rd, 2021 Blog Client News
By: Emma Vondra
duGard Communications would like to be the first to say that 2021 was the year of East Chop Capital. This Black-owned private equity firm announced the data from their first real estate sale and the numbers don’t lie. East Chop Capital has $7M in assets under management and announced a 328% ROI on the first sale, and the return of $1M to investors. Moving forward, the private equity firm will expand their portfolio while capitalizing on a crossroads area of (1) real estate, (2) the rebound in travel, and (3) the future of work in which hybrid is the new normal.
Working diligently to close the wealth gap is something that East Chop Capital rightfully prides themselves on. They provide solid returns to their diverse LP base of 91% BIPOC, 9% White, and 18% Women investors.
While the figures they are producing don’t lie, it is far from just being about money. GP Calvin L Butts Jr. explains that “East Chop Capital is a very different type of private equity firm, committed to providing the best combined financial, educational, social returns. Generating financial returns is the expectation, but we add additional value through education, access to other private equity and venture capital investments [deal flow], and unprecedented social and networking opportunities, such as annual investor retreats, and our summer reception series that we hosted on Martha’s Vineyard this past August. We always over deliver on our Commitment.”
With an attitude and mission like that, the dGC team knows that the sky’s the limit for the growth that East Chop Capital will have. To learn more about East Chop Capital and to stay connected, visit www.eastchopcapital.com and follow on LinkedIn and Instagram.