Magic Johnson Enterprises serves as a catalyst for driving business results for partners and fostering community/economic empowerment by making available entertainment, products and services that answer the demands of ethnically diverse urban communities. One initiative is the Yucaipa Johnson Corporate Initiatives Growth Fund, a private equity growth fund focusing on strategic investments in companies located in and/or serving America's under-served markets. With over $500 million in capital, the fund also provides capital for suppliers in its corporate partners' supply chains requiring growth capital to support the organization on a larger scale.