Demetric Duckett is a thought-leader in the domestic impact investing field, accelerating the adoption of innovative financing for the benefit of BIPOC and low-income people and the communities in which they live.
He joined Living Cities in July 2016 and has led various Living Cities programmatic priorities, including the Integration Initiative, Shared Prosperity Partnership (SP2), and the award-winning Catalyst family of funds.
As Managing Director, Demetric oversees Living Cities’ entire strategic capital portfolio, centered on developing and deploying innovative investment vehicles to support the new majority population of this country with a focus on closing racial income and wealth gaps. This includes two award-winning $40 million structured debt funds: the Catalyst Fund and the Blended Catalyst Fund, which are fully deployed and have been selected for ten consecutive years to the global Impact Assets 50, the only open-source, publicly published database of exceptional impact investing fund managers. Demetric also spearheads Living Cities’ research along the capital innovation continuum and leads the vision and fundraising for a third investment vehicle intended to provide better outcomes for BIPOC fund managers and other high-growth constructs for BIPOC entrepreneurs.
Prior to joining Living Cities, Demetric was Senior Vice President of Business Innovation and Resource Development for TruFund Financial Services, a CDFI based in New York City. At TruFund, he directed national business growth strategy, developed and oversaw strategic partnerships, and elaborated new lending programs and product opportunities.
Prior to TruFund, he was Vice President for Capital Access Programs at Carver Federal Savings Bank in Harlem where he developed industry-leading M/W/BE capital access programs, Vice President of Community Development at Bank of America where he worked closely with nonprofit and government entities to promote economic and community development in underserved neighborhoods in Manhattan and Brooklyn, and Vice President and Global Relationship Manager in the Multinational Lending Division at BankBoston where he managed a $2 billion global credit portfolio spanning 16 countries. He began his finance career as a Senior Credit Analyst at PNCBank in Pittsburgh, PA.