IFR, Tessa Walsh:
‘TPP bought the portfolio of minority stakes of 5%–15% in seven companies from New York-based Disability Opportunities Fund in a secondary private equity transaction. DOF is a venture capital, nonprofit community development loan fund that provides financing to increase access to affordable housing and services for people with disabilities.’
Anthony Catachanas FEI, “I don't know any other social impact strategies in the market today that focus on persons with disabilities. No other funds have announced themselves as focusing on this type of target and initiative."
Reuters, Ross Kerber:
‘London-headquartered Tower Peak made its first investments in a set of disabilities-focused companies including Hiki, a dating and friend app aimed at autistic, ADHD and neurodivergent adults. Deal terms were not disclosed but the companies are part of a portfolio valued at around $70 million, in which Tower Peak will hold a minority stake, according to a firm spokesman.’
