Publicly traded Black-led companies
Vista Outdoor (not Black-led but partially Black-owned suppliers). Black-led-asset-management funds like Reginald Lewis Asset Management and Edmunds Williams.
NACP ETF
Impact Shares NAACP Minority Empowerment ETF (NACP) tracks companies that score well on racial-equity metrics. Use as a satellite holding (5–10% of portfolio).
Equity crowdfunding
Backstage Capital fund of funds. WeFunder and Republic for direct equity in Black-founded startups. Higher risk but supports the ecosystem.
Direct angel investing
Accredited investors only. Open Network Capital and Genius Guild have Black-led pipelines.