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Founded and led by Don Thompson, the first Black CEO of McDonald's, Cleveland Avenue runs a $70M fund (CAST US) that is structurally mandated to deploy 75% of capital into Black- and Hispanic-owned companies, 75% on Chicago's South and West Sides, and 50% women-founded companies. Rather than acting as a passive capital provider, Cleveland Avenue pairs its food and beverage-focused investments with hands-on operating support delivered by a ~50-person team built around Thompson's deep restaurant-industry expertise.
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