[Congressional Record (Bound Edition), Volume 162 (2016), Part 1]
[Extensions of Remarks]
[Pages 492-493]
[From the U.S. Government Publishing Office, www.gpo.gov]




          RECOGNIZING THE ACHIEVEMENTS OF KNEELAND YOUNGBLOOD

                                 ______
                                 

                       HON. EDDIE BERNICE JOHNSON

                                of texas

                    in the house of representatives

                      Wednesday, January 13, 2016

  Ms. EDDIE BERNICE JOHNSON of Texas. Mr. Speaker, today I want to 
recognize the myriad accomplishments of a deeply curious and supremely 
impressive man--Kneeland Youngblood. Many people outside of the upper 
crust of Dallas' business community do not know the name Kneeland 
Youngblood, and until recently, he would have been satisfied with that 
fact. However, Youngblood recently decided to expose himself and his 
story to the greater Dallas community in order to inspire a new 
generation of leaders and entrepreneurs.
  Kneeland Youngblood has found his success in founding Pharos Capital 
Group LLC.

[[Page 493]]

However, his career and life took many steps and progressions before he 
settled on this career. Youngblood was born in the segregated 
neighborhood of Galena Park in Houston. His father and mother struggled 
to make ends meet supporting Youngblood and his six siblings.
  From these humble beginnings, Youngblood made his way to Princeton 
University, and then to UT-Southwestern Medical School. He began his 
career in Dallas in emergency medicine, and planned to climb his way up 
in the medical field, until his tastes changed.
  Youngblood was integral in organizing a diverse group of young 
professionals who were fundraising for Anne Richard's initial 
gubernatorial campaign. During this successful period, Youngblood was 
exposed to the business community in a way that wetted his appetite. In 
the impressive and forward way he now operates his business, he 
approached powerful people in the business community and asked them for 
help in a career transition. He was forty.
  Now, only twenty years later, he has founded Pharos Capital Group 
LLC, which operated a $525 million institutional fund in 2014. He 
serves on several local boards, and recently became the first black 
member of the Dallas Country Club, where his father waited tables 
decades ago.
  Mr. Speaker, more important to Youngblood than all of these 
successes, is the success of his family. He has six kids who between 
them went to Stanford, Harvard, Yale, or Princeton. Today, I want to 
honor the incredible path Kneeland Youngblood has travelled, and 
recognize him formally to allow him to serve as the example to young 
leaders and entrepreneurs he knows he is.

                          ____________________