Final Close of Fund I

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“RockCreek Canada is pleased to partner with Realize Capital Partners as it works to expand and strengthen Canada’s social finance market. Its collaboration with the Social Finance Fund creates a differentiated platform to increase access to high-impact investment opportunities and support the continued development of Canada’s impact investing ecosystem, including for emerging and first-time fund managers. As an OCIO serving mission-driven organizations including the Metcalf Foundation, Toronto Foundation and Waterloo Region Community Foundation, this investment reflects an important step in furthering our focus on the Canadian impact investing market.” - Chris Barber, Managing Director, RockCreek Canada

“We’ve always had an ambition to deepen our social equity work and help drive fair and inclusive opportunities for prosperity. To better tackle the social challenges and growing inequalities Canadians face, we knew we needed to draw on more of the bank’s resources and expertise, implementing both philanthropic and investment strategies. We were drawn to Realize because of the breadth of its fund – a diverse portfolio of holdings including affordable housing, workforce development and financial inclusion that closely mirror our own areas of focus – and its sophisticated, data-driven approach to measuring the real social outcomes those investments generate. That’s why Realize was an aligned fit for our commitment of capital and will be an important catalyst for future impact investments that create measurable, positive social impact.” - Sean Drygas, VP Sustainability Strategy & Performance, Royal Bank of Canada

“Concordia University Inter-Generational Fund has been among Canada’s leading institutional investors in sustainability and impact investment, something we’re very proud of. Realize Fund I provided a compelling opportunity to further deepen this approach through a diversified, de-risked and scalable platform, offering exposure to a range of impact managers and investment opportunities across Canada that are closely aligned with Concordia’s mission and priorities. We are proud to have supported the fund as an anchor investor with a $25M commitment – we feel the investment not only meets our baseline fiduciary duty but sets a new standard for aligning the portfolio more closely with our institutional mission. We are encouraged by Realize Fund I’s successful close and hope it contributes to advancing the adoption of impact investing across Canadian institutional portfolios.” - Marc Gauthier, Chief Investment Officer, Concordia University

“As a new philanthropic organization in Canada, we have big impact ambitions. We knew that we needed to think holistically across grant and investment capital to achieve them. The breadth of impact investment opportunities in the Canadian market means it’s hard for a new team to know where to start – Realize Fund I was integral in kick-starting our mission-aligned investing strategy. The fund’s diversified and de-risked structure made it a no-brainer for us. We’re excited to continue learning and growing our impact allocations alongside the fund.” - Marc Schutzbank, Chief Financial Officer, Ronald S. Roadburg Foundation

“We believe all of our philanthropic capital should serve our mission. For us, that means directing not only our grants but our investments toward impact. Despite being experienced impact investors, it's not easy for us to invest in multiple deals across the country at various ranges of scale, as it takes significant time and resources. Realize Fund I gave us a way to accelerate our efforts, increase our exposure to a greater diversity of managers, including emerging ones, to various asset classes, and to thus contribute further to the development of the field. In addition, complementary market-building initiatives are going to add deep value in terms of technical assistance and impact measurement capacity, which are important for us as an investor that cares about investor contribution.” - Karel Mayrand, Chief Executive Officer, Trottier Family Foundation

“We are thrilled to be partnering with the Realize and Rally team in this landmark fund. Our foundation has one of the longest-standing impact investing programs in the country, and we share Realize’s ambition to scale the social finance market and drive impact outcomes. We believe Realize is solving important pain points for the Canadian market that are supporting our journey to100% portfolio alignment, not only by adding to the depth of available impact product sets across private asset classes, but equally importantly by establishing national best practices for impact measurement and management.” - Wren Laing, Senior Investment Director, McConnell Foundation

“As one of the 200+ community foundations across Canada, legacy giving is at the heart of our work. We are focused on ensuring donors’ gifts create meaningful impact for generations to come. As we explored how best to align more of our endowment with that purpose, our Board and investment consultant undertook a thorough review of the available options. Realize clearly emerged as a partner that could help us extend the impact of legacy funds beyond our local communities and into the broader Canadian impact economy. This investment allows us to steward endowed assets in a way that honours donor intent while contributing to solutions for complex social and environmental challenges at a national scale. It represents an important evolution of legacy giving that truly is connecting local generosity to long-term, system-wide change.” - Adam Hicks, Director of Finance & Strategic Operations, Saskatchewan Community Foundation

“I am glad to be an early investor in Realize Fund I – providing both an opportunity to affect positive long-term change in Canadian communities and with Canadian businesses, while also targeting a strong risk-adjusted return given the de-risked structure of the fund.” – Patrick Lor, Managing Partner of Panache Ventures