Maria Gotsch

Absolutely.

No, we're we are the we are the corporate sector at the table to try to grow the New York City economy.

So Henry Kravis of KKR raised the funds in the late 90s.

And he raised them from major corporations in New York, as well as individuals.

So if you look at our investor list, it's sort of the who's who of private equity, as well as the corporate sector.

We're structured as an evergreen fund.

So the investors put up the money not to make a financial return, but to try to create jobs and expand the economy in New York City.

So it's a very unusual structure.

And it means we can do things that are a little bit

riskier and take a little bit longer than a traditional private sector investor, but always with the sort of tap on of how is it helping and growing the New York City economy.

We often work with government, but we are privately funded.

No, think of it more as an interest-free loan for 45 years.

No.

So all those gains...

Just came back to our fund, and we are reinvesting them in people and other investments.

I love that.

We have the investors' money for 45 years, and if we make returns, it comes back to us to fund new projects.

Is this about the fund or the FinTech Lab?

So the FinTech Lab, we've had 39 graduates.

We're going into our seventh year.