Sustainable Jobs Fund, L.P. (SJF) has closed on an investment in HDS Cosmetics Lab, Inc. of Harrison, NY as part of a $1 million financing round, according to SJF Managing Director Dan Hoversten. HDS Cosmetics Lab, which develops, manufactures and markets high-end skin-care products, expects to create at least 35 new quality, manufacturing jobs targeted to low income citizens in New York within the next four years. The $1 million financing round was led by Easton Hunt Capital Partners and included New York Community Investment Company. The capital will fund the expansion of marketing efforts, research & development, and production capacity for HDS. The Sustainable Jobs Fund, LP is a venture capital fund that invests in growing businesses in the eastern United States that create quality jobs for low-wealth individuals. SJF has offices in Philadelphia, PA and Durham, NC. www.sjfund.com.
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