About Realize Capital Partners
Realize Capital Partners is a fund-of-funds manager for the Government of Canada’s Social Finance Fund.
Realize Capital Partners is powered by Rally Assets:
- Impact investing expertise in pipeline, research, due diligence and portfolio management
- Focus on social equity and diversity
- Strong governance and transparency
- Commitment to sector building
Realize Capital Partners has signed up to the 50-30 Challenge and is a member of 2X Global.
The Work Ahead
Realize Capital Partners has built Realize Fund I, a closed-end multi-asset class fund to enable investment in initiatives that accelerate society equity. Beyond Realize Fund I, we’ll be working to build the social finance market by:
- Strengthening the capacity of fund managers to measure impact
- Providing technical assistance to fund managers
Rally Assets
Rally Assets is an impact investment management firm. The firm helps investors generate positive social and environmental impact alongside a financial return. Rally creates impact funds and other portfolios to enable foundations, other institutional investors, family offices and individual accredited investors to invest in alignment with their values. Rally is a Portfolio Manager and Exempt Market Dealer registered in Alberta, British Columbia, Ontario and Quebec with the respective provincial securities commissions. |
About the Social Finance Fund
The Social Finance Fund is a Government of Canada initiative to strengthen social purpose organizations and accelerate the growth of Canada’s social finance market. The investment initiative will support charities, nonprofits, social enterprises, co-operatives, companies and other social purpose organizations to access flexible financing opportunities through social finance investors (fund managers and product issuers). Greater access to social finance will help organizations grow, innovate and enhance their social and environmental impacts.
Realize Capital Partners is one of three fund-of-funds managers working to deliver the Social Finance Fund, along with Boann Social Impact and Fonds de finance sociale – CAP Finance.
This investment program is expected to run for over a decade. The Government of Canada is providing capital over five years to invest over the life of the program – fund-of-funds managers repay the Government at the end of the program. During the program, fund-of-funds managers invest in dozens of fund managers that in turn invest in hundreds of social purpose organizations delivering positive social and environmental impact alongside a financial return. These investments strengthen communities while growing and diversifying the social finance sector so that it is self-sustaining and more impactful in the future.
Fund-of-fund managers aim to leverage a minimum of two dollars in private investment capital for each dollar in federal support.
This is a not a granting program; it is an investment program.
Terms
- Fund-of-funds manager. There are three for SFF, each with its own investment strategy
- Fund manager (social finance intermediary) = financial entity making social finance investments, such as a credit union, community loan fund or private equity firm
- Social purpose organization = organization with a clearly articulated social or environmental purpose, such as a social enterprise, charity, nonprofit, cooperative or company
- Social finance investments = investments aiming to generate positive social and/or environmental returns and financial returns, into social purpose organizations or social finance projects