We’re Fundraising
Realize Fund I recently completed its third private capital close, with significant support from prominent institutional investors and family offices. Final close is March 2026 or earlier.
FUNDRAISING UPDATE
OCTOBER 2025: A record $25M investment from Concordia University’s Inter-Generational Fund brings our fundraising total to date to $85M from private investors. Read more
Intentionally Structured to Benefit Private Investors
- Anchored by C$135M of concessionary capital from the Government of Canada
- Private investment will be last-in first-out, with a 6% preferred return before return of Government of Canada capital and a target net return of >18% to private investors
- The waterfall provides private investors with significant risk protection as well as upside enhancement through super pro rata share of distributions
- Turnkey access to diversified investments in a fund-of-funds model across private asset classes (venture capital, private equity, private debt, real estate and infrastructure), sectors, and Canadian regions
- Managed by an experienced team of professionals with a strong track record in private investment research, portfolio management and impact investing
… while Enhancing Social Equity at Scale
- Investing in high-potential opportunities to solve key market gaps
- Four-pillar investment strategy to tackling social inequity
- Demonstrable impact with robust measurement, management and reporting
By the Numbers:
- 1st and only blended finance private impact fund-of-fund focused on Canada
- $135M – Government of Canada seed capital
- $85M – committed private capital (as of September 30, 2025)
- $50M – target for additional private capital
- $270M – total fund target size
- Two-thirds of LPs are first-time impact investors (as of September 30, 2025)
- March 2026 – final close target
- 19 – portfolio holdings (as of September 30, 2025)
“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
CONTACT US: Want to learn more about this rare investment opportunity? Connect with Ben.