The Fund defines impact investments as investments that both deliver market-grade returns and generate meaningful and measurable impact on the Fund’s mission to advance social change that contributes to a more just, sustainable, and peaceful world.
The Fund has set a target to allocate 20 percent of its portfolio to impact investments. From this pool, the Fund prioritizes investments that directly align with the Fund’s grantmaking programs, including investments in clean energy development.
|Fund Name||Initial Commitment Date||Amount Committed||Asset Class||Geographic Focus||Description||Mission Alignment|
|Generation Climate Solutions Fund II||October 2014||$15,000,000||Private Capital||Developed Markets||Enhanced resource productivity / reduced pollution, waste, and emissions||Sustainable Development|
|Turner Multifamily Impact Fund||April 2015||$20,000,000||Real Assets||United States||Workforce housing||Broad mission / projected exposure to New York City|
|Elevar Equity III||June 2015||$12,500,000||Private Assets||India and Latin America||Services for disconnected communities||Broad mission|
|Sustainable Asset Fund (Vision Ridge)||August 2015||$20,000,000||Real Assets||United States||Resource optimization across water, agriculture, renewable energy, energy efficiency, and transportation||Sustainable Development|
|New Energy Capital Infrastructure Credit Fund||February 2016||$20,000,000||Real Assets||United States||Renewable energy development||Sustainable Development|
|Mainstream Renewable Power||July 2016||$12,500,000||Private Capital||Africa||Expanding renewable power supplies across Africa||Sustainable Development|
|ARCH Venture Fund IX Overage, L.P.||November 2017||$5,000,000||Private Capital||North America||Identify and capitalize on early-stage venture capital opportunities that arise from the convergence of advanced breakthroughs in life sciences, physical sciences, and information sciences||Broad mission|
|Sustainable Asset Fund II (Vision Ridge)||February 2018||$12,500,000||Real Assets||United States||Resource optimization across water, agriculture, renewable energy, energy efficiency, and transportation||Sustainable Development|
|Ambienta III||May 2018||$14,000,000*||Private Capital||Europe||Resource efficiency and pollution control||Sustainable Development|
|New Energy Capital Infrastructure Credit Fund II||September 2018||$20,000,000||Private Capital||United States||Small and mid-sized clean energy infrastructure projects and companies||Sustainable Development|
|ARCHFund X/Overage Fund X||December 2018||$15,000,000||Private Capital||North America||Healthcare focused venture capital, with an emphasis on building companies around novel healthcare therapies and treatments||Broad mission|