
Illinois State Treasurer’s Office News Releases


Chicago-Based Venture Capital Firm Announces $70 Million CAST US Initiative for Black, Latinx, and Women Entrepreneurs
Cleveland Avenue convenes Illinois State Treasurer Michael Frerichs, the Walter Family, Benefit Chicago, and impact investors to empower underrepresented entrepreneurs CHICAGO, IL (March 3, 2021) -Cleveland Avenue, LLC, a privately-held venture capital firm that accelerates and strategically invests in innovative concepts and emerging brands, is leading an impact initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicago’s South and West Side neighborhoods. The Cleveland Avenue State Treasurer Urban Success Initiative (CAST US) intends to leverage the investment and entrepreneurial development expertise of Cleveland…


Treasurer Frerichs Honors Illinois Leaders During Women’s History Month
SPRINGFIELD — In honor of Women’s History Month, Illinois State Treasurer Michael Frerichs today kicked off a virtual campaign to highlight and celebrate the achievements of women in Illinois. This year’s national theme for Women’s History Month is “Valiant Women of the Vote: Refusing to Be Silenced”. “Women always have played an important role in our everyday lives, history, and success of our country. Yet, for many years, they were silenced,” Frerichs said. “We must allow women their voice, fight with them for equal rights, and push with them for…

