Emerging property technology-focused venture capital firm Wilshire Lane Capital is selling a minority stake to Nile Capital, a firm dedicated to capitalizing diverse-led investment firms. Nile Capital itself is backed by José E. Feliciano and Kwanza Jones through their SUPERCHARGED Initiative.
Source: https://www.forbes.com/sites/antoinegara/2021/08/13/a-new-kind-of-gp-stake-deal-billionaire-backed-nile-capital-takes-minority-stake-in-vc-firm-wilshire-lane-capital/
