Why BoA invested in the WNY Impact Investment Fund

When Bank of America announced a $1.25 billion pledge into underrepresented communities two years ago, Ted Janicki took note. Within that pledge was $300 million to be used immediately for impact investment opportunities in Bank of America communities.

Janicki, BoA market president in Buffalo, went looking for such an opportunity in Buffalo. He called longtime friend Jack Greco, the co-founder of ACV Auctions and active angel investor, and Colleen Heidinger, 43North president.

They came back with the same recommendation: You have to talk to Tom Quinn.

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