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Latham & Watkins Advises Microsoft on Investments Benefitting Underserved Communities

March 5, 2021
SOAR Fund aims to raise US$150 million to help small businesses and nonprofits in 15 southern and southeastern US states.

A cross-office team has advised Microsoft as it invests in the Southern Opportunity and Resilience (SOAR) Fund. SOAR Fund aims to raise US$150 million to provide affordable capital and free business support to small businesses and nonprofits in 15 southern and southeastern US states as they navigate and rebuild from the Covid-19 health and economic crisis. Investments like SOAR are part of Microsoft’s goal to help underserved community businesses and nonprofits receive increased access to capital and support.

The Latham team includes Washington, D.C. partner Paul Hunt, Washington, D.C. counsel Luis Torres, and New York associate Costanza Garcia.